Aquaculture sector measured by up to five production cycles, official says
Saudi aquaculture performance is assessed over four to five production cycles, not just one, according to the Ministry of Environment’s aquaculture director.
The Ministry of Environment in Saudi Arabia assesses aquaculture performance over four to five production cycles, rather than just one, as reported by the director of aquaculture, Faris Al-Ghamdi. In an interview on Al Ekhbariya TV, Al-Ghamdi emphasized that the aquaculture sector should be evaluated based on its production cycles, as it is a complex and technically demanding investment.
He explained that understanding the nature and duration of aquaculture is crucial for capital recovery, as the sector demands significant financial resources and strong commitment from all stakeholders involved. Al-Ghamdi clarified that aquaculture can yield substantial returns, but only when partners invest in the necessary infrastructure and aspects of the business.
He pointed out that performance cannot be evaluated by a single production cycle, as factors such as market risks, price fluctuations, and other influences can affect certain cycles. Al-Ghamdi also emphasized the importance of investing in fish hatcheries that produce fry, collaboration with feed factories, and the management of post-production stages, along with the entire supply chain, transportation, and marketing processes.
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