Feasibility Studies for Aquaculture
in South Africa
Advance Africa undertook two feasibility studies for the Department of Agriculture, Forestry and Fisheries (DAFF), as part of Government’s efforts to develop the South African aquaculture sector.
The first study focused on Pacific oyster (Crassostrea gigas) and Mediterranean mussel (Mytilus galloprovincialis) aquaculture. The second study focused on marine finfish aquaculture, specifically dusky kob (Argyrosomus japonicus) and Atlantic salmon (Salmo salar).
The feasibility studies evaluated the technical and financial feasibility of oyster, mussels, and marine finfish aquaculture in South Africa. This included: a comprehensive description of the biology and environmental requirements of these species, different aquaculture systems used to produce them, and the operational scale, timeframe, and financial requirements of a commercially viable operation.
Key elements included:
- Technical aspects of suitable aquaculture systems,
- Geographic location and suitability
- Analyses of local and international markets,
- Development, construction and project management needs
- CAPEX and OPEX requirements,
- Comprehensive financial modelling,
- Socio-economic studies
This holistic approach is in line with the globally accepted Ecosystems Approach to Aquaculture which encompasses ecological, social, and economic objectives. In summary, the feasibility studies contribute greatly to our understanding of the potential for the development of oyster, mussel and marine finfish aquaculture in South Africa and provide guidelines for government which will aid them in their efforts to develop and/or enhance this sector.