A farm dedicated to fish breeding and harvesting is planned in Baru, Panama, consisting of 29 production cages and 10 research cages in the open sea.

Forever Oceans Panama, S.A. presented the Environmental Impact Study (EIA) to develop the project called “Open sea cages and marine fish laboratory“, where intensive cultivation of marine fish native to the Gulf of Chiriqui will be carried out.

The EIA specifies that the project consists of the construction, operation and maintenance of a fish farm, where the complete life cycle will be implemented in a laboratory, from the reproductive to juvenile stage, up to the breeding and harvesting of fish in 29 production and 10 research cages.

The document adds that the project will be developed gradually until reaching a maximum production of 20,010 MT per year in 2028. The study specifies that nearly $50 million is expected to be invested in this work.