Kingdom of Morocco

Attractive Site And Jurisdiction

Site & Capacity

15 net hectares allowing 18 grow-out modules totaling 27,000 mt of production

Targeted end-markets

Europe and Eastern U.S.

Species

Yellowtail

Water

Pristine waters for seawater intakes. Ideal ocean & air temperatures for cooling RAS system

Infrastructure

Strategic location with established industry, utilities, & logistics infrastructure

Development plan

Phase 1 up-front infrastructure investment includes seawater intakes, discharge, utilities, & land leveling

Environmental

EIS on process & permitting completion expected in Q4 2021

Lease

Rental agreement with renewals for state owned land and coastal public land

Expansion

Hotel site and additional site for waste handling and feed mill identified. Rezoned adjacent site for future expansion

Government

Africa’s leading fish exporter. Regulatory & agency alignment with aquaculture. Attractive tax and subsidies.

Site and Key Installations

Morocco Site Benefits from Proximity to Agadir and Existing Infrastructure and Services