Exploring the Feasibility of Developing New Shrimp Farming Operations in Venezuela for Several Different Clients

Difficult terrain to access with unlimited land and water availability.

LOCATION

Maracaibo y Estado de Falcón, Venezuela

SERVICES

Aquaculture Site Search & Site Analysis, Water & Soil Quality Analyses, Feasibility Studies, Financial Feasibility Analysis for Aquaculture, Valuation of Aquaculture Operations

TEAM

Tom Frese
2000 - 2002

Summary

AquaSol, Inc. advised several Venezuelan clients seeking to establish commercial shrimp farming operations in Venezuela. Site search, site analysis, and preliminary feasibility studies were prepared and delivered to the clients. In one case, a valuation of a dormant shrimp farming operation was prepared and an expert opinion regarding the investment opportunity was delivered. In another case, AquaSol, Inc. was contracted to perform a Site Analysis on approximately 2,000 hectares of available coastal land located in the in the State of Falcón. The primary objective of our analysis was to determine if a large tract of coastal land centered on El Suite would be suitable for shrimp farming. In yet another case, plans were drawn for a novel recirculating super-intensive shrimp farming system designed to utilize biofloc and high rates of aeration in an outdoor setting. Pro-forma financials comparing traditional semi-intensive to super-intensive systems was delivered to this client.