AQNZ Chairman Peter Vitasovich said the government’s desire to streamline the consent process, promote investment and provide a platform for environmentally sustainable economic growth, as outlined by the Minister of Fisheries and Aquaculture Phil Heatley, was echoed by the industry.
“The government has recognised the existing legislative and regulatory framework had stalled growth of New Zealand’s aquaculture industry and has set out to fix it,” he said.
Reforming aquaculture structure
“Aquaculture New Zealand has welcomed the opportunity to have input during the reform process and we look forward to examining the finer details of the Bill over the coming weeks.”
The Bill marks a significant milestone for a sector which aims to fulfil its economic potential, trebling annual revenue to NZ$1 Billion by 2025.
“Since Aquaculture New Zealand was launched in 2007, one of our key priorities for the industry was for a legislative framework that provides greater certainty for investment in this important emerging industry,” Vitasovich said.
“The future of the industry is heavily reliant on effective legislation that provides for long term, environmentally sustainable growth.
“The introduction of the Aquaculture Legislation Amendment Bill (No 3) into the house is a big development. “We are on the cusp on a new era.”
Although pleased that the law reform process was progressing, Vitasovich said it was too early to comment on specifics within the bill.
“As you would expect, the Bill is a long and complex document,” he said. “We have communicated our goals and needs throughout the consultation process and look forward to examining the finer details over the coming weeks.
“We will be working to ensure the best possible outcome for the sector so that we can contribute jobs and growth to New Zealand.”