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Australia Freshwater Lobster Aquaculture

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Superlittle Yu

Australian redclaw crayfish is a native species to Australia that is commercially farmed in Queensland and Northern Territory. It has become popular in Taiwan due to its disease resistance and rapid growth. This document proposes a project to farm redclaw crayfish in Malaysia, which has suitable temperatures year-round and consumers who may substitute it for lobster. The project estimates establishing a 1 hectare farm would cost RM117,600 and yield a net profit of RM55,000 within 6 months by harvesting 70,000 crayfish averaging 60g each sold at RM55/kg.

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Australia Freshwater Lobster Aquaculture

Uploaded by

Superlittle Yu
26 views1 page
Australian redclaw crayfish is a native species to Australia that is commercially farmed in Queensland and Northern Territory. It has become popular in Taiwan due to its disease resistance and rapid growth. This document proposes a project to farm redclaw crayfish in Malaysia, which has suitable temperatures year-round and consumers who may substitute it for lobster. The project estimates establishing a 1 hectare farm would cost RM117,600 and yield a net profit of RM55,000 within 6 months by harvesting 70,000 crayfish averaging 60g each sold at RM55/kg.

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lobster

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Australian redclaw crayfish is a native species to Australia that is commercially farmed in Queensland and Northern Territory. It has become popular in Taiwan due to its disease resistance and rapid growth. This document proposes a project to farm redclaw crayfish in Malaysia, which has suitable temperatures year-round and consumers who may substitute it for lobster. The project estimates establishing a 1 hectare farm would cost RM117,600 and yield a net profit of RM55,000 within 6 months by harvesting 70,000 crayfish averaging 60g each sold at RM55/kg.

Copyright:

© All Rights Reserved
Download as DOCX, PDF, TXT or read online from Scribd
Download as docx, pdf, or txt
26 views1 page

Australia Freshwater Lobster Aquaculture

Uploaded by

Superlittle Yu
Australian redclaw crayfish is a native species to Australia that is commercially farmed in Queensland and Northern Territory. It has become popular in Taiwan due to its disease resistance and rapid growth. This document proposes a project to farm redclaw crayfish in Malaysia, which has suitable temperatures year-round and consumers who may substitute it for lobster. The project estimates establishing a 1 hectare farm would cost RM117,600 and yield a net profit of RM55,000 within 6 months by harvesting 70,000 crayfish averaging 60g each sold at RM55/kg.

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© All Rights Reserved
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Summary

Australian redclaw crayfish is a native species to Australia. It is farmed commercially in


Queensland and Northern Territory. It has also become a trendy species in Taiwan recently due
to its diseases resistance and rapid growth. In this project, we foresee the need. Malaysia has all
the criteria needed to success the project:

1. Suitable temperature to optimize growth, it can be breeded locally all year round;
2. Marvelous taste of redclaw crayfish which the flesh is highly identical to lobster meat,
thus it can act as a lower cost substitution for lobster in restaurant.

Background

Species : Australian Redclaw crayfish

Scientific name : Cherax quadricarinatus

System : Pond culture

Pros : High Fertility, High resistant to diseases, fast growing speed, breed
naturally in pond

Project Establishment Cost

Subject Cost Total


Rental of land ( 1 hectare) RM8,000.00 RM8,000
Fingerlings (100,000) RM0.90 each RM90,000
Prawn feed (6*2500kg) RM3.80/kg RM9,500
Electricity (Pump & others) RM450.00/month RM2,700
Labor salary RM900.00/month RM5,400
Water treatment RM2,000.00 RM2,000
Total: RM117,600

Mortality: 30%

Harvest: 100,000*70%= 70,000

Average weight after 6months of rearing: 60g

Average price: RM 55.00/kg

Profit: 70,000*0.060*55= RM231,000

Net Profit: RM231,000-RM117,600= RM55,000

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