Gippsland › Latest news › Latrobe Local News
Latrobe Valley Barramundi Farming by Opal and Mainstream at Maryvale Mill get $30M federal funding
Latrobe City Council welcomes the federal government's $30 million announcement for Opal and Mainstream's Latrobe Valley Aquaculture project at Maryvale Mill.
The announcement made by Deputy Prime Minister Barnaby Joyce, will support the $125 million project to diversify the viability of Maryvale Mill. The project will bring premium Barramundi to the Australian market through a state-of-the-art recirculating Aquaculture System facility.
As part of the feasibility study, Mainstream Aquaculture and Australian Paper will conduct due diligence on the technical, commercial, social and environmental aspects of the project
Creating local jobs
Funding this diverse aquaculture project will provide an injection of jobs in the region, including 500 jobs during construction and 190 indirect and direct jobs for the ongoing operation of the facility. Council has supported the project through its Business Development, Advocacy and Planning teams. We look forward to continuing this work with Opal to bring the project to life.
The federal government's investment in local industries throughout Latrobe City boosts the local economy and secures the financial futures of local residents. The announcement follows the federal government's commitment of $48.2 million to the Energy from Waste Facility at the Maryvale Mill through the Modern Manufacturing Initiative.
Economic diversification
Mayor of Latrobe City, Councillor Kellie O'Callaghan welcomed the federal government's investment in Latrobe City's economic diversification - an essential part of its Strength Led Transition. "On behalf of council, I would like to thank the federal government for their investment in the Aquaculture project at the Maryvale Mill."
"Over 70 per cent of the seafood consumed in Australia is imported. With this investment, Latrobe City will be a leader in the Australian market - bringing local Barramundi straight to our plates." Cr O'Callaghan said.
MainStream Aquaculture is a producer and supplier of premium barramundi, operates the largest aquaculture facility of its type in the world and exports into 24 countries across 5 continents
Complementing the advocacy
Cr. O'Callaghan added, "Latrobe City Council remains ready to partner with community, industry and all tiers of government, to lead our economic transformation. These commitments complement our advocacy work we undertake as a Council to create positive outcomes for our city."
For more information on council's commitment to Latrobe City's economic transformation and priority projects please visit council's 'Advocating for our Community' page.
Pictures from Harriet Shing MP Facebook page.
Source: www.gippsland.com
Published by: news@gippsland.com
Latest News
Baw Baw Shire Council welcomes Victorian government grants aiding Noojee transition from timber harvestingDarren Chester calls for stop to rural health merger citing risks to Gippsland services due to lack of consultation, secrecy and autonomy loss
Nicholson Primary School students get chance to discuss Parliament while receiving certificates from Darren Chester
Russell Broadbent urges government budget accountability to alleviate cost-of-living pressure to tackle inflation and alleviate cost-of-living pressures following the Reserve Bank decision
Senators to reject Fresh food tax after report reveals lack of clarity and adverse impact on farmers and families
Baw Baw Shire Council continues advocacy for key unfunded projects despite limited aid from 2024/25 Victorian State Budget
South Gippsland Shire Mayor Clare Williams elected president of Australian Local Government Women's Association and more council updates
APS Drainage and Civil selected for culvert relining on Loch-Kernot Road in Bass Coast Shire from 13 May 2024 with $750,000 budget
Inspections identify maintenance needs for Cypress trees in San Remo as part of pioneering Bass Coast Urban Forest Strategy
Feedback wanted on draft Master Plan for Alex Goudie Native Park in Drouin by 2 June 2024