New Law Extends Coastal Permits for Marine Farms, Boosting Aquaculture Industry

Minister Jones emphasized his commitment to reducing bureaucratic barriers that could hinder the growth of the aquaculture industry.


Devdiscourse News Desk | Wellington | Updated: 27-08-2024 20:29 IST | Created: 27-08-2024 20:29 IST
New Law Extends Coastal Permits for Marine Farms, Boosting Aquaculture Industry
The law change is expected to save the industry an estimated $6 million in 2024 alone, which would have otherwise been spent on reconsenting by 200 marine farms. Image Credit: Flickr / NOAA's National Ocean Service
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  • New Zealand

Oceans and Fisheries Minister Shane Jones announced today that the aquaculture industry, along with New Zealand's exports and economy, will benefit from the passage of a bill that extends existing coastal permits for marine farms by 20 years.

The Resource Management (Extended Duration of Coastal Permits for Marine Farms) Amendment Bill successfully passed its third reading in Parliament, extending the permits for New Zealand’s 1,200 marine farms by two decades, though not beyond 2050.

Minister Jones emphasized his commitment to reducing bureaucratic barriers that could hinder the growth of the aquaculture industry. "By passing this law today, we've given a vital sector the certainty it needs to expand exports and create jobs for New Zealanders," he stated.

The law change is expected to save the industry an estimated $6 million in 2024 alone, which would have otherwise been spent on reconsenting by 200 marine farms. This money can now be redirected towards enhancing productivity and sustainability through new practices and technology, according to Jones.

Jones also highlighted the growing demand for New Zealand's seafood in high-value overseas markets, noting the potential for the shellfish and salmon farming industries to become multibillion-dollar export earners.

A diverse and robust aquaculture sector is also seen as essential for the resilience of rural communities. "Many Kiwis in rural areas rely on our primary sector, including fisheries, for employment. Today, we've taken action to help protect and grow those jobs," said Jones.

He further stressed New Zealand's strong reputation for the sustainability of its seafood products, expressing confidence that the sector will continue to protect and enhance this reputation to increase its value.

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