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Relatively high prices and market opportunity can make aquaculture enterprises appear superficially attractive; however, before making any investment decision, it is important to undertake adequate research based on the best available information to ensure all potential environmental (including biosecurity, climate, suitability of fish species, suitability of site), logistical (including access, infrastructure, food and water requirements) and economic (short and long-term viability) matters are identified early in the planning process.
This paper identifies some of the important factors that need to be considered before undertaking and/or investing in an inland aquaculture enterprise. It assumes suitable land is available to develop an aquaculture project.
Department of Fisheries
Perth, Western Australia
Inland aquaculture, Freshwater aquaculture, Aquaculture development, Aquaculture economics, Aquaculture regulations, Site selection, Species selection, Licensing, Western Australia
Aquaculture and Fisheries | Entrepreneurial and Small Business Operations
Western Australia. Department of Fisheries. (2013), Inland aquaculture in Western Australia: establishing an aquaculture operation - overview and licensing. Department of Fisheries, Perth, Western Australia. Book.