Fish farming is an interesting and promising activity for several reasons
1. High demand for fish products
Fish is one of the key sources of protein in the human diet, and its popularity is growing due to healthy eating trends. Farm-raised fish, such as carp, trout, catfish, or sturgeon, often have the advantage of being free of artificial nutrition.
2. Fast production cycle
Many fish species grow and reproduce quickly, which allows for regular harvests. This makes the business rentable even in a short time.
3. Optimal use of natural resources
Fish farming in cities with developed water infrastructure, such as Ovruch, makes it possible to efficiently use local resources, including water. This is an environmentally friendly option along with fishing in the
4. Additional opportunities for processing
Fisheries not only provide fresh products, but also prospects for processing, such as canned fish, smoked meats, caviar, and other products.
5. Regional development and job creation
Fish farming projects contribute to the creation of new jobs in such industries as production, logistics, marketing and sales, stimulating economic development in the area.
6. Export potential
Fish and fish products are a competitive commodity on the international market, which opens up opportunities for
In Ovruch, which has favorable natural conditions, fish farming can become a lucrative business.
Project Name: Industrial Fish Farming in Ovruch
Location: Ovruch, Zhytomyr Region
Project Initiator: Private Entrepreneur
Project Overview:
The project plans to produce 10,000 kg of fish annually. Expected sales revenue is UAH 1,130,000 per year, with a profit of UAH 425,200.
Investment Type: Full investment
Investment Amount: $200,000
Payback Period: 2.7 years
IRR: 39.7%
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For more information on grants and opportunities, please click here.
For additional information, please contact the Zhytomyr Regional Development Agency at its registered office: 10003, Ukraine, Zhytomyr, S.P. Korolyova Square, 1, office 401
or by phone +38 098 579 32 39, +38 093 43 79 613.