Development of marine culture in Kamchtka: cultivation of brown algae (laminaria and alaria), mollusks (mussels, scallops, whelk, clams, crabs, etc.) and introduction of cage-farming for salmon (rainbow trout, char, silver salmon (coho), etc.).
There were started initial works on foundation of collector base, training of divers, acquisition of underwater gears and equipment, the project documentation is elaborated.
Required volume of investments: US$ 0.65 M.
Total cost of the first stage of the Project implementation makes about US$ 1,0 M.
The implementation of the first stage of Project is planned to be completed in six years, within which there will be recouped and returned all invested capital with paying out of interest on investments beginning with the third year of the Project implementation with the annual rate of 12%.
Calculated profit rate by the end of the first stage will not be less than 14%.
Means of attraction of the investments: Establishing of joint venture.
Initiator of the project: Fishery Artel “Pacific Market”, 8, Leninskaya St., Suite 30, Petropavlovsk – Kamchatsky
