Question NW3268 to the Minister of Trade and Industry
26 October 2017 - NW3268
Van Dalen, Mr P to ask the Minister of Trade and Industry
Whether, with reference to the reply to question 2498 on 11 October 2017 by the Minister of Agriculture, Forestry and Fisheries, his department has disbursed any monies to a certain trust (name furnished) and/or the Camdeboo Satellite Aquaculture Project in each of the past three financial years; if so, (a) who is/are the project leader(s), (b) what is the total amount that has been disbursed and (c) from which programmes were the funds sourced in each case; (2) whether his department has a record of the full account of how the specified (a) trust and (b) project have spent the money; if not, in each case, why not; if so, (i) what are the relevant details of expenditure in each case and (ii) of this expenditure, how much was spent on (aa) marketing research and (bb) infrastructure development in each case? NW3600E
Reply:
The department approved an application under the Aquaculture Development Enhancement Programme (ADEP) for the Camdeboo Satellite Aquaculture project submitted by the applicant Karoo Catch Pty Ltd which is 100 % owned by Blue Karoo Trust. The project was approved for a qualifying investment of R11 million and a grant amount of R3,502,800. To date R947,564 has been disbursed for the investment in owned building and expenditure for aquaculture feed.