Economy April 18, 2017 - 1:41 pm

Fish bred in cages benefit little-known highland town

Fish farming at Tavera dam. File.

Hatillo.- As many as 64 fishermen and their families benefit from breeding fish in floating cages, a project launched in 2013 by the miner Barrick Pueblo Viejo in the town of Hatillo, in the highlands in central Sánchez Ramírez province.

But the project that began in 2002 was devastated by tropical storms Noel and Olga in 2007, as the winds and waves destroyed and sank the cages.

Since 2013 the Hatillo Fishermen Union, which groups local fishermen, request Barrick Gold’s support to obtain part of the equipment used to assemble the cages. Barrick donated RD$1.0 million to start assembling 20 cages, at a cost of RD$ 50,000 each.

The financing, added to a RD$8.0 million loan from the Specialized Agricultural Development Fund (FEDA), allowed the fishermen to continue the project, also benefiting other nearby associations.

Project

The cages produce safe, high quality fish which guarantee not only income for the fishermen, but also for fishmongers in neighboring communities, according to a statement by Barrick, quoted by listin.com.do.

Hatillo Fishermen Association president Andrés Leonardo Romero said the project counts with 60,000 tilapias so far, adding that the sales of around 1,200 pounds,  at RD$75 per pound have benefited the local population.

COVID-19

October 13, 2024 - 11:00 am

Public Health to focus on health impact of drinking water

October 13, 2024 - 9:24 am

Cardiologist Moya explains heart is impacted more by heat

October 6, 2024 - 11:15 am

Specialist warns of respiratory virus outbreak in Dominican Republic

October 3, 2024 - 11:44 am

Former Health Minister Wilfredo Hidalgo accused of embezzling over 300 million pesos

MOST READ

Local

Dominican Republic-US open skies agreement set to launch in 2025

Bavaro & Punta Cana

Tourism sector contributes 3 out of every 10 dollars of the Dominican Republic’s foreign exchange earnings

Economy

Airbnb expresses willingness to pay taxes in the Dominican Republic

Economy

Confotur credited for boosting foreign investment in the Dominican Republic

MORE NEWS

Local

Tension at Haina Vacation Reception Center amid repatriation riot

Economy

Maria Abreu and Abreu & Associates empower expats in the Dominican Republic

Economy

CHTA warns against tax reforms in Dominican Republic that could undermine Caribbean tourism

Local

CEED provides daily meals for 3,000 youth at U-17 Women’s World Cup