Prominent Chinese seafood executives are going public with their ambitions to expand their aquaculture and mariculture operations in Southeast Asia.
Speaking on “Dialogue,” a flagship program of the China Central Television (CCTV) 2 channel, Guangdong Evergreen Group CEO Chen Dan said his company is looking into growing its Southeast Asia aquaculture operations. Guangdong Evergreen is a conglomerate which produces and processes fish, shrimp, and aquafeed, with subsidiaries in Vietnam, Indonesia, and Malaysia.
“The climate [in Southeast Asia] is very suitable for aquaculture; costs like labor are very competitive, and Southeast Asian countries have tax-free access to many markets,” Chen said.
Speaking on the same show was Shandong Ocean Geng Hai Technology Group, General Manager Zhou Yan, who stressed that China has the technology and “full value chain” to expand its seafood farming operations abroad.
Zhou, whose company produces grouper off the coast of Yantai in the province of Shandong, said Southeast Asia could provide a more conducive growing environment for aquaculture than the colder waters of Northern China.
The expansion of Chinese aquaculture operations into Southeast Asia would ...
