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Aquaculture holds strong growth potential for South African economy

Since the launch of the oceans economy initiative, under Operation Phakisa, in July 2014, government has invested around R17-billion in the initiative’s various workstreams, including marine transport and manufacturing, offshore oil and gas exploration, aquaculture, and marine protection services and ocean governance.

This has created 4 903 jobs to date, according to Department of Environmental Affairs ocean conservation strategist Gcobani Popose.

At the first South Africa–Norway Science Week, which got under way in Pretoria on Monday, Popose highlighted that the industry was set for further growth, with Transnet National Ports Authority committing R7-billion in investment opportunities for new and existing port infrastructure.

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