Chinese seafood venture raises concerns about sustainable fishing


Shrimp being processed earlier this week at the Chinese-owned plant (Ministry of Agriculture photo)

The opening of a huge Chinese-owned seafood plant in Guyana has added to concerns that sustainable fishing here, particularly in relation to the seabob, could be threatened.

According to the Minis-try of Agriculture, Chinese company, Grandeast Inc has invested US$25m in a plant which is already processing large amounts of shrimp.

While it is not clear what “large amounts” equates to, Stabroek News understands that the plant has a yearly processing capacity of 3,000 tonnes.