Panama Promotes Aquaculture with Israel

The governments signed an agreement to promote and encourage aquaculture and fishing activities in Panama.

Wednesday, March 25, 2009


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The memorandum for the promotion of the sector was signed by the Aquatic Resource Authority of Panama (ARAP) and the Oceanographic Research Institute of Israel (IOLR).

According to Laestrella.com.pa, Reynaldo Perez-Guardia, director of ARAP, stressed that the document "will enable the development of research on the genetics of aquatic organisms, marine fish pathology, reproduction, maturation, growth rate and evaluation and research of the farmed species in aquaculture."

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Panama aims to have the first industrial aquaculture project in America, using the sea as a means of raising product.

The project won the Entrepreneurial Innovation price 2008, and it will cultivate the cobia species. This species can not be cultivated at water tanks because it is very susceptible to diseases. This methodology allows the species to grow in an environment very similar to their natural habitat.

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With growth of 127% between 2010 and 2011, fish farming is offsetting the decline in fishing activities.

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