PHOTO
A seal swims next to the fish farms on the Poros Island, on July 5, 2023. - Greek-Spanish group Avramar, which presents itself as the world's leading producer of Mediterranean fish, already operates several fish farms in Poros. The Greek state has long planned to make the Saronic Gulf island of 3,000 inhabitants near the Peloponnese peninsula one of the country's top aquaculture sites for sea bream and sea bass, which mainly end up at French and Italian restaurants. The island's mayor is leading the protest against the expansion of the breeding sites. Poros "depends 95 percent directly or indirectly on tourism", explains Yannis Dimitriadis to AFP. (Photo by Angelos Tzortzinis / AFP)
The Royal Commission for Jubail and Yanbu (RCJY) has signed an investment agreement worth nearly 2 billion Saudi riyals ($533.23 million) with Topian, the NEOM food company, to establish an aquaculture project.
The project will have an annual production capacity of 10,000 metric tonnes and aims to promote a sustainable food industry in the kingdom, RCJY said in a social media post.
The land will be located in the Jazan Special Economic Zone, covering an area of 100,000 square metres, the post said.
(Editing by Anoop Menon) (anoop.menon@lseg.com)
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