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Fish farm construction project
The project aims to establish a fish farm in Saudi Arabia to produce local fish and other species that meet the needs of the local market for fresh fish.
The project will rely on modern fish farming techniques, such as water recirculation systems (RAS), to ensure a healthy and sustainable environment for the fish.
The project will contribute to enhancing food security in the Kingdom by providing high-quality fish and reducing dependence on imports.
It will also support the maritime sector and contribute to the development of the local fish industry, in addition to providing new job opportunities in fish farming and sales.
Opportunity Content
Rationale for choosing the project
Growing demand for fish:
Growing awareness of the importance of eating fish as part of a healthy diet.
Reduced reliance on imports:
The project aims to boost local fish production and reduce imports.
Demand analysis
Demand Analysis:–
Target segments:
Domestic markets: Growing demand for fresh fish from consumers.
Retailers and restaurants: Retailers and restaurants that rely on fish as part of their menus.
Market trends:
The fish market is expected to grow by 8-10% annually.
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