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Feasibility fishing project for squid



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PRIMARY INDUSTRY

PRESS RELEASE

STATEMENT BY THE MINISTER FOR PRIMARY INDUSTRY THE RT.HON.IAN SINCLAIR M.

CANBERRA

4 January 1979

FEASIBILITY FISHING PROJECT FOR SQUID

A feasibility fishing project concentrating on

squid off South Australia and Victoria has been approved.

^ The feasibility project will be a joint operation

. between Safcol Holdings Pty Ltd and the Japanese firms Chuo

G-yogyo Kosha Ltd and C. It oh and Co„ Ltd, They will form a -

joint-venture company"to be known as Safchu Pty Ltd. '

Details were announced today in a joint

statement by the Commonwealth Minister for Primary Industry,

Mr Ian Sinclair, the South Australian Minister for Fisheries,

Mr B.Α» Chatterton, and the Victorian Minister for Conservation,

■ Lands and Soldier Settlement, Mr W.A. Borthwick. They said the

y . ■ project had been approved;following consultation between

their three Governments. .

·. · The Ministers said'· the proposal involved 12

Japanese squid-jigging vessels operating in waters adjacent

to South. Australia and Victoria to determine the feasibility

of developing a commercial squid fishery in the area.

' .They said Australian vessels: might also

participate, and would be encouraged to do so by offers of

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squid-jigging equipment. Japanese skippers would provide

instruction in squid-fishing techniques for any Australian

fishermen who took part in the project» ■ ·

The Ministers said Safcol Holdings Pty ltd

would have sole rights in Australia to purchase up to 10

per cent of the catch» Safcol planned to export processed

squid as ’Product of Australia’, and also would.test the

feasibility of marketing squid locally»

The remainder of the catch would be shipped to

Japan by the Japanese companies involved»

They said this project would' not conflict with

established local fisheries, nor was it likely Australian

fishermen could mount_a similar operation in the near future,

like the other proposals approved so far, it was in line with

the guidelines agreed by the Australian Fisheries Council» '

Operations would continue for up to two years, .

but there would be a complete review of operations and results

at the end of the first year, .

It is the sixth joint fishing feasibility project

approved. Two other squid-jigging projects have been approved

for waters off Western Australia and Tasmania.