The Andrews Labor Government support for local industry will see the expansion of a local barramundi producer set to create more than 100 new jobs in Melbourne’s west.
The Victorian based company – which breeds and grows barramundi fish to supply domestic and international fish farms, retailers and restaurants – is set to establish two new production facilities, with construction of the first 1,000 tonne per annum capacity plant already underway in Wyndham.
The Labor Government has worked closely with Mainstream to assist the company to identify suitable sites and to help resolve issues around water and operational efficiencies.
As part of its $200 million Future Industries , the Labor Government is supporting high growth sectors, such as food and fibre, to boost economic growth and create jobs for Victorians.
Food and fibre continues to be a strong performer for Victoria, achieving $11.66 billion in annual exports in 2014-15, with a competitive advantage and a source of growing employment.
Since November 2014, Victoria’s economy has generated more than 162,000 jobs, and leads the nation on full-time jobs growth.
Quotes attributable to Treasurer Tim Pallas
“This is great news for Melbourne’s west, with Mainstream’s investment representing yet another vote of confidence in Victoria’s growing economy, one that will create more than 100 jobs.”
“Today’s announcement is the culmination of years of hard work that enables Mainstream Aquaculture to replace imported Barramundi with premium locally and sustainably farmed fish, a boost to our strong food and fibre export market."
Reviewed 19 August 2020