Tassal welcomes WA Government support for Barramundi farm

Tassal Group Limited (“Tassal”) welcomes the $5M support from the West Australian Government’s Investment Attraction Fund.

Tassal acquired MPA Fish Farms Pty Ltd and MPA Marketing Pty Ltd (“MPA”) last year and has spent the subsequent months consolidating operations and planning for future growth.

Managing Director and CEO Mark Ryan said this was an exciting time for Tassal and the Kimberley region.

“We’re so grateful to the Cook Government, in particular Minister Punch, for their support today and across the past six months or so,” Mr Ryan said.

“This funding will help Tassal to enhance the farm at Yaloon/Cone Bay and to expedite our plans to grow sustainably into the Buccaneer Archipelago.”

“That means more jobs and more economic activity in the Kimberley.”

The funds will contribute towards Tassal’s upgrades at its fish farm, including new pens and nets, smart farming technology, a feed barge and upgrades to marine vessels.

Tassal is finalising plans for a revised expansion to the West Australian Government, and looks forward to sharing it with the community.

“We have spent the last few months engaging with local stakeholders, in particular Mayala, Yawuru and other Traditional Owners. This has been so valuable and we thank everyone for their warm welcome to the Kimberley, their insights and good faith.

“We expect to be able to share more details about our plans to grow aquaculture jobs in northern WA in the next month or so.”