OUT AND ABOUT
The Unseen Losses of Covid-19 in the Aquaculture Industry When the owner of a micro, small, or medium-sized business starts dedicating their day-to-day to manage the company’s debts and losses, that is the precise moment in which their imagination and enthusiasm for developing new production strategies, creating new products, gaining access to a new market and, in general, for the innovation that By: Salvador Meza *
T
he economic crisis that will come as a consequence of the COVID-19 health crisis does not only represent a slow-down of aquaculture’s development but it can also create even more profound consequences.
64 »
drives the development and growth of the industry, is stifled.
The majority of aquaculture farmers could very well end in a “temporary survival” situation in which they will only have the possibility of achieving day-to-day operations, in a complete uncertainty of what might happen on the following day.
All plans to improve processes, to better train and select staff, to increase production capacity, and to reach new markets with novel presentations, have been filed in office drawers, at best. In the case of smaller companies, those plans are now
JUNE - JULY 2020
