SeaPAC Aquaculture

**Who we are** SeaPAC operates prawn farms and is an importer and supplier of aquaculture supplies and feeds in Fiji. The company also offers consulting services to help the growing aquaculture industry in the Fiji Islands. Established in 2020, it is a continuance of the successful business history and experience its principles have accumulated over the last few decades in manufacturing and marketing of aquaculture and specialty chemical products. **Vision Statement** To enable farmers and entrepreneurs of all means, and experience to achieve a successful and sustainable aqua farming livelihood and play a significant role in advancing Fiji's aquaculture industry. **Mission Statement** We provide the necessary quality products, equipment, and backstopping support for farmers to start, advance or maximize sustainable aquaculture production. **What We Do** **Shrimp Farming, Aquaculture Supply, Farm Design, Management and Consulting** SeaPAC has over a decade of experience in the aquaculture field as well as a network of industry and field specific experts on its consulting team. In addition to operating our own farm, we help with projects of all sizes and types; from a "ground up" farm design to a hatchery redesign. We also offer management services to help existing farms run more efficiently. The company has paced over 10 tank farms in Fiji helping youth groups, women’s groups, hotels and small farmers to start small scale aquaculture farming of prawns and fish.  **What We are Looking For** SeaPAC Farm and Aquaculture Supply is looking for a partner to invest in the aquaculture business in Navua, Fiji. The company has a leased property on 100 ha with river and sea fronts with shrimp ponds sized from 5,000m2 up to 12,000 m2. Currently a 35,000 m2 area is tooled and engaged in prawn production.  **The Company operates three segments** 1\. SeaPAC Shrimp Farm where we are currently culturing 26,000 m2 of the available 80,000 m2 of pond area. We are seeking a partner willing to purchase the property and renovate the additional ponds. Once fully operational the farm’s potential is 100 tons per year. 2\. The company has just acquired an adjacent farm which comes with a firm long term lease. The farm has 15,000m2 of ready to culture pond area and space for an additional 20,000 m2 of ponds. 3\. The Aquaculture Supply business which provides the Ministry of Fisheries and other farmers in Fiji with imported feeds and other aquaculture supplies not readily available in Fiji. Future plans include a feed mill to process 500kg per hour for the farm use and sale. The company is seeking an investor that is interested in land ownership. The farms are located on a 100 hectare peninsula with ample river and ocean frontage. The farm’s potential is 150 tons per year having a harvest value of FJD 6,000,000 (USD2.7million). The total investment required to purchase the land and update the farm is FJD12,000,000 (USD5.4million) to FJD15,000,000 (USD6.7million). The investor may prefer an option of increasing its stake over 5 years to become a majority shareholder.