25 June 2016

INTERACTIVE MAP OF AQUACULTURE SITES TO BE PRESENTED AT EASTERN ECONOMIC FORUM

Areas specially designated for aquaculture will be published on an interactive map and sold through public auction, the Far East Development Minister Alexander Galushka announced at a joint meeting between the Office of the Prosecutor General of the Russian Federation and the Ministry for the Development of the Russian Far East. Following a meeting of the subcommittee for the development of the fishing industry in the Far East, a decision was made to change the process for creating aquaculture sites, reports the Ministry for the Development of the Russian Far East on its website. Sites will now be published on an interactive map and sold at public auctions. Before being included in the map, each site will undergo stringent expert assessments and evaluations. The business community will be provided with due notice of upcoming auction dates. The first auction and showcase of the interactive map will take place at the Eastern Economic Forum, set to be held in Vladivostok on 2–3 September 2016.  All aquaculture sites will be transferred to the digital map by the end of 2018. According to Alexander Galushka, the Far East Development Fund may assist in the project’s implementation: “We may look to involve The Far East Development Fund, whose resources can be used to finance research, as well as in organizing auctions,” he said.

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