Bigger, Tastier, Pinker: The $1.5 Billion Super Shrimp Farm
- Seafarms seeking backers for Australian Black Tiger prawn farm
- Remote project to be largest producer in the developed world
The $1.5B Hunt for Super Shrimp
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Somewhere in the vast fishing waters off Australia’s northern coast, the hunt is on for the Adams and Eves needed to start a super race of shrimp.
The chosen few will be key to the success of a $1.5 billion plan by Seafarms Group Ltd. to build the largest shrimp farm in the developed world. The biggest challenge isn’t digging the 1,000 ponds on a site almost as big as Disney World in Florida, or transporting the shrimp from one of Australia’s remotest regions to markets in Asia.