Sakhalin to invest more than 15 billion rubles in fish hatcheries and fish processing plants

In the coming years, Sakhalin’s fishery industry is going to implement 14 processing and ranching projects with a total investment value of more than 15 billion rubles (ca. $210 million), reports Megafishnet.com.

According to the region’s governor Valery Limarenko quoted by Interfax, the capacity of fish processing enterprises is going to increase to 1 million tons per year, as a result.

In particular, in the Southern Kuril Islands, the Yuzhno-Kurilsky Fish Processing Combine will build a factory for deep processing of almost 1.3 thousand metric tons of raw fish per day and a cold store for one-time storage of up to 10 thousand tons of frozen products. The volume of investments into the facility is expected to exceed 5 billion rubles (ca. $70 million).

Also in the Southern Kuril Islands, the combine is going to build a workshop for the production of fish meal and fish oil.

Kurilsky Rybak CJSC will build a salmon hatchery on Sopochnoye Lake (Iturup) while Tunaicha LLC is also planning to construct a fish hatchery on the Komissarovka River.

It is also planned to build marine culture farms in the Busse lagoon in the south of Sakhalin.