New regulation might increase costs by 30%
Besides, César Barros detailed that the profit margins will decrease 30% due to this situation, although he explained that these are still sketchy calculations.
When asked about how to obtain those resources he explained to the newspaper El Mercurio that “there were already investors looking at the industry and once the regulation was approved their perceptions improved but there is still a lot to do, that is why this delay was so critical since it is a part of a process. This is not the end but just part of the chain. We already pass through a critical moment and we are moving ahead towards the upcoming ones”.
Regarding if he has the chance what would he request to the new Government, he said “a top speed acceleration on the start up of the wanting regulations and a fast set out to work on the Appropriate Areas for Aquaculture (AAA) in order to enlarge the areas but not the number of concessions, to allow a bigger distance between farming sites” he concluded.
