23 Sep 2005

PNG venture into pond-based prawn farming

9:27 am on 23 September 2005

A Papua New Guinea company, Madang-based Bismarck Barramundi plans to venture into pond-based prawn farming.

The company , established in 2001, has been culturing barramundi in open sea cages, a technique based and modified from successful Australian technology.

Bismark currently exports approximately 1,000 kilos of filleted barramundi every quarter most of it to Australia..