Turkey’s fish farming company Kilic Deniz to test Dominican waters
A leading fish farming company from Turkey, Kilic Deniz has announced that it is currently in the process of establishing bass and bream farming operations in the Dominican Republic to supply the United States market.
In Turkey, the company produces 50,000 tons of blue fin tuna and farmed sea bass and sea bream and plans to produce the same again in the Dominican Republic for export to the United States. The reason is that the US market is very profitable, with a price premium of 50-60%, so the company wants to be able to farm closer to it, as reported in Under Current News.
The company has 25 years’ experience in aquaculture from the start of its operations in Bodrum, Turkey. It now exports to over 40 countries in five continents.
The operation in the Dominican Republic is a pilot project for further expansion of the company into new international markets.
Source: DR1, undercurrentnews.com
Sep 1, 2016
Category: DR News |