Incentives for specific industries
Grants in the aquaculture industry

Objective

The ADEP is designed to stimulate investment in the aquaculture sector

Beneficiaries

Primary, secondary and ancillary aquaculture operations under the following Standard Industrial Classification (SIC) Codes:

SIC 132: Fish hatcheries and fish farms; and

SIC 301 and 3012: Production, processing and preserving of aquaculture fish

Benefits

A cost-sharing grant of up to a maximum of R40 million for investment in:

Machinery and equipment (owned or capitalised financial lease); Bulk infrastructure; Owned land and/or buildings;

Leasehold improvements; Competitiveness improvement activities and Commercial vehicles and work boats (owned or capitalised financial lease)

Implementing agency

The Department of Trade and Industry

Contact details

Dr Mkhuseli Vimba

Tel: (012) 394 1723,

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.