North Atlantic Seafood Forum Jason W hooley CEO BI M Todays talk - - PowerPoint PPT Presentation

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Nov 27, 2023 186 likes •542 views

North Atlantic Seafood Forum Jason W hooley CEO BI M Todays talk A major plan to expand salmon production in Ireland Some high level details about that plan The role for Investors in the plan Where to go if you need more

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Jason W hooley CEO BI M

North Atlantic Seafood Forum

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Today’s talk

A major plan to expand salmon production in

Ireland

Some high level details about that plan
The role for Investors in the plan
Where to go if you need more information

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Why Ireland?

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A rise of 17% on the previous year
61 investing in Ireland for the first time
87 existing client companies

Multinationals Investing in Ireland 2011

*source: IDA Ireland

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Over 50% of the world’s leading Financial Services
8 of the TOP 10 companies in ICT
8 of the TOP 10 companies in PHARMACEUTICALS
5 of the TOP 10 companies in MEDICAL DEVICES

chose Ireland as a location. To mention just a few…

*source: IDA Ireland

Ireland – Who is investing?

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BIM

Clonakilty Dublin Castletownbere

Seafood Development

Agency (www.bim.ie)

Government agency

founded in 1952

Integrated service

delivery to fishermen, fish farmers and processors

150 staff

Greencastle Killybegs Galway

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World Salmon production

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A game changer needed

Large scale fish farms situated in more

exposed locations around the Irish coast

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New thinking – new approach

BIM working with colleagues in the Marine

Institute will investigate suitable locations

BIM will undertake the following

– engage in extensive public consultation – develop the Environmental Impact Statement – apply for the production license – find a suitable investor to operate the site

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Progress to date

Site 1
15,000 t p.a.
2 more sites to be

investigated in 2012

1 2 3

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Site selection. A systematic process of elimination

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Created a site selection index so that we

could score grid cells > Criteria includes:- –Environmental protections –Depth, temperature, salinity, oxygen –Wave climate –fishery interactions –Navigation / Tourism / Infrastructure

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Environmental protections

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3yrs of VMS data for Aran Islands, vessels of 15m and above

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Significant wave height and mean wave direction for a 1 in 50 year storm from the southwest

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Maximum wave height for a 1 in 1 year storm for Galway Bay.

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Updated suitability

Updated ‘suitable cells’

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Most suitable sites for more detailed investigation

A A

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Guidance - Cage installation will be barely visible, even in the best weather conditions, at distances greater than around 4km”

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Local Infrastructure and access?

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Deep water quay Ice supply Possible processing

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Next steps

Begin technical work

site 2

Licence decision

site 1

Find suitable

investors

Finalise agreement

with investors

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42 million extra 42 million extra tonnes per annum tonnes per annum

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Want to hear more? ceo@bim.ie

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