Ministry of Environment Oversees Signing of 48 Agreements to Establish Fish Farming and Offers Investment Opportunities

The Ministry of Environment, Water, and Agriculture oversaw the signing of 48 agreements to set up fish farming in inland waters as part of a broader effort to advance the aquaculture sector in the Kingdom. The agreements were signed between a range of companies and investment entities and aim to apply and localize best practices in the field.

The agreements were announced during a workshop titled “Aquaculture in Inland Waters in the Kingdom” organized today by the National Program for the Development of the Livestock and Fisheries Sector.

The workshop took place in Riyadh. The Assistant Undersecretary for Animal and Fisheries Wealth, Dr. Ali bin Mohammed Al-Shaikhi, was present, along with representatives from relevant government agencies, private sector investors, and professionals in the field.

The initiative reflects the ministry’s goal of supporting qualitative investment opportunities, encouraging sustainable practices in aquaculture, and leveraging the Kingdom’s competitive advantages in various
regions. Additionally, the ministry provided four key investment opportunities aimed at further developing this sector.

Source: Saudi Press Agency