Regal Springs recently launched its "Natural Additions" business unit at the Seafood Expo Global in Barcelona. "We want to utilise 100 percent of our tilapia by 2030," says CEO Alois Hofbauer.
According to a study conducted by the Marine Science Institute (Labomar) in Fortaleza, Brazil, Miami-based Spring Genetics Tilapia, and Aker BioMarine Antarctic AS.
The Government is allocating JMD 574 million for the construction of a hatchery in St. Catherine with the ultimate goal of turning the country back into an exporter of freshwater fish.