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    Nueva Pescanova to open the world’s first octopus farm in Spain

    It will be located in the Canary Islands.

    Spain, and more specifically the port of Las Palmas de Gran Canaria, in the Canary Islands, is the place chosen by Nueva Pescanova to open what will be the first octopus farm in the world. Details are still being designed, but it is estimated that the facilities will open in 2023, with a total investment of € 65 million and the creation of 300 jobs, 150 of them direct jobs with highly qualified personnel, and another 150 indirect jobs. The farm is expected to be at full capacity in 2026, with a production of 3,000 tons per year.

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