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INVE Aquaculture to set up a hatchery technology center in Singapore

The company partnered with the Singapore Food Agency to establish a center that will focus on developing hatchery technologies for tropical marine species and training farmers in the region.

MOU_Signatures_30112022
December 1, 2022

INVE Aquaculture and the Singapore Food Agency (SFA) signed a Memorandum of Understanding (MOU) to jointly set up SFA-INE Hatchery Technology Centre at SFA’s Marine Aquaculture Centre (MAC).

The proposed center will bring together SFA’s expertise in hatchery design and production for tropical marine species (e.g. Asian seabass and red snapper), as well as INVE's in-depth knowledge of specialized fish nutrition for early developmental stages, including their patented technologies for live feed. SFA and INVE scientists will jointly conduct research to develop advanced hatchery technologies, such as automated hatchery systems for rotifer and Artemia production, compatible with tropical marine species and environments.

The center will also serve as a training hub for farmers from Singapore and the region for knowledge transfer, to help build up a consistent supply of good quality fish fry for production. This will also contribute to Singapore’s “30 by 30” food security goal, which aims to build the agri-food industry’s capability and capacity to sustainably produce 30% of Singapore’s nutritional needs by 2030.

The MOU was jointly signed by Chan Hian Lim, deputy chief executive officer (Corporate, Industry, and Technology) of SFA and Patrick Waty, chief executive officer of INVE. Chan Hian Lim said that “this strategic collaboration brings together local and INVE’s leading hatchery experts, to develop solutions and technologies for the tropical marine hatchery. This a significant step towards our ambition of making Singapore a leading innovation and research hub for sustainable tropical marine aquaculture, bringing us closer to our “30 by 30” food security goal.”

“This cooperation is an excellent opportunity for synergizing mutual skills to benefit aquaculture in the region. SFA’s MAC in Singapore is a perfect location for accelerating and unlocking the high potential of developments in a still young but fast-growing aquaculture industry,” said Waty.

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