Morocco Invests $30 Million to Expand Sustainable Aquaculture Sector
Morocco is taking significant steps to strengthen its aquaculture industry with a substantial new investment package. The National Agency for Aquaculture Development (ANDA) has announced the approval of 300 million Moroccan dirhams ($30 million) split between two funding programs aimed at developing the country's blue economy.
The investment initiative focuses on fostering competitive aquaculture operations while creating diverse economic opportunities within the sector. ANDA's comprehensive strategy includes supporting innovative projects, enhancing infrastructure development, and providing assistance to private investors interested in establishing new aquaculture farms.
Recent years have seen considerable growth in Morocco's aquaculture sector, driven by proactive government policies. The newly approved funding is designed to address increasing market demand for aquaculture products while maintaining strict environmental compliance.
Central to the initiative is Morocco's commitment to marine resource preservation. The investment programs emphasize building a sustainable and competitive aquaculture industry that prioritizes the protection of marine ecosystems, balancing economic development with environmental stewardship.
Lire aussi
Latest News
- Ayer 17:20 Navigating the future of enterprise payment innovation
- Ayer 16:45 The evolving role of English in Spain's job market
- Ayer 16:36 America’s Cup to debut in Naples in 2027
- Ayer 16:15 Canary Islands prepare for renewed protests against overtourism
- Ayer 16:06 Nato moves toward increased defense spending to appease Trump
- Ayer 15:45 What Eurovision's voting patterns reveal about European politics
- Ayer 15:35 EU challenges TikTok for digital advertising transparency