Fisheries Projects (AIG)

Aziz International Group
Medina Kingdom of Saudi Arabia

Aquaculture Ocean Fish Farming Project

Aziz International Group & Pak Fish Group project based on technologies for production of the marine fishes in floating sea cages also land based tanks and ponds, the offshore cages culture showing ideal for the commercial production, on the location of our existing fish farming land at Al Raisi Yanbu, Medina, Saudi Arabia.
As per our plan to start mainly from shrimps, the Indian white prawn, P. indicus, is present in the waters around the country and is tolerant to high water salinity. Because of its capability to breed and grow well in high saline waters, this species was found to be the best shrimp species suitable for aquaculture in the proposed location. Also other marine fish species researched and successfully farmed in the area, are local Hamoors (Malabar grouper Epinephelus malabaricus, brown-marbled grouper E. fuscoguttatus, and camouflage grouper E. polyphekadion), Red Sea Barramundi (Lates Caleurifer).

Summary of initial investment cost to develop first phase of 25% area of the total existing ocean & coastal land of 1.0 million sq. meters for the marine aquaculture and fish processing purposes cost
First phase of development approx. area of 250,000 sq. meters onshore and offshore land
1. Development of a complete Ocean Grow out Cage System including Plastic/Steel Cages, Software Systems, Feed Systems, Camera Systems, Environmental Sensors, Net Cleaning Systems, Underwater Lighting System, Feed Barges, Work Boats, etc. approx. area of 187.500 sq. meters:
2. Internal infrastructure development of coastal land including, Roads, Drainage System, Electricity, Water/ Lighting System, etc. on approx.. 62,000 sq. meters
3. Construction of a complete fish processing factory including, Freezing units, IQF units, Cold Storage Spaces, Packaging Machines, Hatchery, Feed mill, etc. approx. area of 4,000 sq. meters:
4. Administrative cost during the first 12 months:
5. Other cost
Total cost of initial investment: Approx. US$10.5 million
Total cost of complete project 100% development in all four phases, investment required within the period of 1-2 years: Approx.US$ 42.0 million