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Feasibility studies in land-based RAS aquaculture

A deep dive into feasibility studies

A feasibility study holds the key to success in any project as it evaluates the project's viability before committing too many resources. By evaluating factors such as costs, technical requirements, legal considerations, market demand, and potential risks, it helps to assess the likelihood of the project's success.

Land-based RAS (Recirculating aquaculture systems) is a highly complex and interdisciplinary business, involving engineering, biology, automation, environment, business and finance, operation and management, to name a few.  

Certainly, water quality and availability, power supply and market studies are the first areas to be investigated. While these are vital factors for a RAS project, there are other equally crucial, and yet underestimated aspects, that can make or break the project's success.

Key Factors in Feasibility Studies

Regulatory Compliance

Understanding and complying with the requirements set by public institutions to obtain permits for water discharge, building requirements and animal welfare is a key step. Addressing these regulations early helps to prevent delays and ensures smooth project development.  

Market Demand Alignment  

Equally important is aligning the product to local market demand. This factor alone has a huge impact on the business plan. For instance, the value of 100gr of smoked salmon fillet ready to be consumed can be up to 20 times higher than the exact same fresh fillet sold as a raw product and it only requires a few extra steps, achievable with a proper fish processing area. In addition, a proper marketing strategy highlighting the local production can be very well received by consumers.

Efficient logistics

Efficient logistics are essential for maintaining operational stability, optimising costs, and preventing disruptions in production. Efficient road connections and logistical systems play a crucial role — not only in ensuring the timely delivery of goods entering the farm, such as oxygen, feed and chemicals, but also in managing the transport and distribution of goods leaving the farm. These include fish products destined for the market and residual solids or other by-products that require proper disposal or processing.  

Community support

Finally, when choosing the location for your fish farm, it is crucial to consider how the local population perceives the project. Gaining community support can significantly affect the project’s acceptance and long-term success.

Considering these and other factors early on is essential to prevent setbacks and safeguard the investment.

Shoal of fish

Core competences at AFRY

At AFRY, we carefully investigate and address critical aspects during feasibility studies. With a presence in over 50 countries, we benefit from local expertise, as our professionals in each region are familiar with national regulations, environmental requirements, and industry standards. This allows us to operate effectively as a local engineering company, ensuring seamless project integration and compliance.

From commissioning and feasibility studies to business planning, construction, and operations, we provide end-to-end solutions. Our goal is to maximise your project's potential while ensuring sustainability and profitability.

blue food fish

Learn more about our offering

We offer a unique combination of know-how and support, ranging from guidance and advice to delivery and operations, all along the value chain of blue food projects.

Contact

Claudio Ferro - Head of Business Unit Food & Pharma Switzerland

Claudio Ferro

Head of Business Unit Food & Pharma Switzerland

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