Plans to expand salmon fishing and push it further out into the open ocean have moved forward after the Government announced a cash injection into the aquaculture sector.
The Government will invest $11.72 million in salmon farming over five years, as part of a $29.3 million programme led by Salmon King.
Salmon King CEO Carl Carrington says their product is in demand all over the world - and there's room for the sector to boost exports.
LISTEN ABOVE

Kay Oliver: UK correspondent on the UK's contingency plans for fuel shortage
04:02

Jenee Tibshraeny: NZ Herald Wellington business editor on the Government refurbishing Channel Infrastructure’s empty Marsden Point fuel storage tanks
03:55

Jeremy Hutton: Milford Asset Management expert on the NZX dropping 1.53 percent amid Iran conflict
04:05