DST / SU KZN AQUACULTURE DEVELOPMENT PROJECT. Stellenbosch University Aquaculture, June 2015

Transcription

1 DST / SU KZN AQUACULTURE DEVELOPMENT PROJECT Stellenbosch University Aquaculture, June 2015

2 Purpose of the Presentation Purpose 1. To provide an overview of the DST / SU KZN Aquaculture Development Project Outline 1. Stellenbosch University 2. Background 3. Design 4. Collaboration 5. Workplan 6. Budget 7. Commercialisation

3 SU Aquaculture 1. Established in Focus on applied science and technologies 3. Business development and research 4. Mostly large scale commercial aquaculture 5. Focus on marine aquaculture 6. Reports to Board of Governors and InnovUS from AquaStel (Pty) Ltd - MFFASA

4 Project Background 1. DST Aquaculture Programme 2. DST Social Impact poverty relief 3. Cage culture focus area 4. Need for geographical diversification 5. Dusky kob as commodity 6. Capitalizes on previous project in PE

5 Project Design 1. SU implementing agent 2. Fingerlings from Mtunzini 3. 1 x 14 month production cycle 4. Total production 60 tons 5. Technical, financial and environmental feasibility 6. Stringent environmental monitoring 7. Commercialisation is a parallel process

6 Project Collaboration 1. DST 2. Stellenbosch University 3. DAFF (Phakisa) 4. Mtunzini Fish Farm 5. Pure Ocean Aquaculture 6. NGOs 7. ORI 8. Equipment suppliers

7 Approvals and Agreements 1. No environmental authorisation required 2. Research permit / aquaculture right from DAFF to be obtained 3. Land and sea leases with Transnet 4. SU / Mtunzini collaboration MoU to be completed 5. Environmental monitoring agreement to be completed 6. Registered as a Phakisa project

8 Specific Project Objectives 1. To evaluate dusky kob growth rates, FCR and survival under commercial sea cage culture conditions 2. The demonstrate the technical, financial and environmental feasibility of kob sea cage aquaculture in Richards Bay, Kwazulu-Natal 3. To provide a platform for the training of personnel in all fish and cage husbandry methods 4. To catalyze the development of commercial marine finfish aquaculture in Kwazulu-Natal

9 Broad Project Objectives 1. To contribute to the development of sea cage aquaculture in KZN in a manner consistent with the principles of ecologically sustainable development 2. To contribute to socio-economic development of poor coastal communities through employment, skills training, and business participation (SMEs, B-BBEE)

10 Richards Bay Harbour Site

11 Site Bathymetry

12 Kob, Argyrosomus japonicus 1. Life-cycle closed in SA and Australia 2. Temp: 12 C - 31 C 3. Salinity: 5 44 ppt kg in 12 months at 22 C 5. Fillet yield: 57% 6. Nutrient input strategy: Intensive Dusky kob fingerling production 7. Overfished

13 Dusky Kob Cutting Chart

14 Project Infrastructure 1. 4 x 15m diameter HDPE Cages 2. Drag embedment anchor mooring system 3. Predator and cage netting, 3 nets per cage 4. Workboats, LDV 5. Diving equipment 6. Ancillary equipment 7. Land-based site

15 Primary Project Workboat

16 Richards Bay Land-based Site

17 Pilot Project Workplan Develop Partnership Plan Planning, Approval & Setup Develop Infrastructure Harvesting Growth Trial (14 months) Produce Fingerlings Determine Routes to Market Data Analysis Business Plan Development

18 Development Schedule Task Description Target Date 1 Obtain project continuation approval from DST By Jul Obtain marine aquaculture right from DAFF By Jul Finalize partnership plan By Jul Implement and undertake 60 ton pilot project By Sep Prepare project for commercialisation and secure investment financing By Sep Establish and register business venture By Sep Facilitate DST project exit By Sep Obtain approvals for expansion By Sep Increase production to 300 tons By Nov Establish hatchery By Jan Increase production to tons By Dec 2019

19 Provisional Project Budget Description Budget Capex R Cost of sales R General administrative costs R Total R Based on 60 tons production 2. Potential sales from 60 tons is R 3.3 million at R55/kg 3. Estimated value of infrastructure at completion is R 3.3 million

20 Project Management Steering Committee DST x 1 SU x 1 DAFF x 1 ORI x 1 Industry x 1 Provincial Government x 1 Project Management SU Programme Coordinator SU Project Manager (Richards Bay) 1. The Steering Committee shall be the ultimate decision making body of the project 2. SU responsible for operational and financial management

21 Human Capital Development 1. Project will employ 4 full-time personnel 2. Training framework: skills training and aquaculture certificate course 3. Internship associated with project 4. Platform for industry to send personnel for training 5. Student participation 6. Temporary workers

22 Project Outcomes 1. Feasibility assessment 2. Financial model, business plan 3. Routes to market 4. Technology transfer 5. General management protocols 6. Trained personnel 7. Collaboration network

23 Commercialisation Plan 1. Parallel commercialisation process (TIA project) 2. Establish a ton commercial operation 3. Investment ± R 40 million 4. Identify technical, operating and investment partners 5. Preferably a joint venture 6. Transfer project infrastructure to venture in favor of B-BBEE

24 Current Status 1. Renewing DST / SU contract 2. Marine aquaculture right application ready for submission 3. Four cages deployed 4. Fingerlings due end of July 5. EMPr completed 6. Project manager on site 7. Industry participation

25 Aquaculture, not the Internet, represents the most promising investment opportunity of the 21st Century. (Peter Drucker, Economist)