Economy

People venturing into fish farming cautioned

There are great opportunities in fish farming but people who venture into it without technical support stand to fail.

This is the view of Mr. Poku Gyinaye, a full-time fish farmer and lecturer at the Renewable Natural Resource Department of the KNUST.

With the increasing demand for tilapia on the local market, aquaculture is seen as a venture to benefit young agriculturists.

Mr. Gyinaye, Managing Director of Bosomtwi Integrated Aqualife Village tells Luv Biz Report that starting the business of aquaculture is capital intensive, but he notes the investment will only be worthwhile when the business is well established.

According to him, aquaculture is “a gray area where people can venture into because as for food [and] meat, and as the population grows, we would by all means need them and like any other business, there are a lot of challenges but it doesn’t mean that we cannot break even”.

Mr. Gyinaye is however particular about the technical-know-how, seed and feed, which he describes as critical ingredients for profitable aquaculture operations.

He lamented that all fish farmers in Ghana have only three veterinary specialists in aquaculture.

Mr. Gyinaye is hoping agricultural colleges in the country would turn their attention to the training of requisite manpower for aqua fisheries to also increase opportunities for the youth venturing into the sector.

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