About Bayano Lake Tilapia Project
Bayano Lake is Panama's second largest freshwater lake, formed artificially over a century ago as a natural drinking water source. In 2014, BAYAFARM signed an agreement with the Kuna region's 14 indigenous tribal alliance, securing development rights for 12,000 hectares of Bayano Lake and surrounding 1,000 hectares of land, with potential to acquire an additional 30,000 hectares. Current aquaculture area is 2,000 hectares, with annual fish output of approximately 57,000 tons. At a 1:0.38 ratio for fresh fish fillets, we produce about 21,800 tons of premium tilapia fillets. With an average price of $5.1/kg, annual sales revenue reaches $110 million. Products are primarily exported to European and American markets, serving local communities and international customers.
Indigenous Partnership
Partnership with 14 indigenous Kuna tribal alliance, securing 12,000 hectares lake rights and 1,000 hectares land development rights, ensuring project exclusivity
Natural Water Source
Century-old artificial lake formed as natural drinking water source, pristine ecosystem providing ideal tilapia farming conditions
Current Production Scale
2,000 hectares current aquaculture area, annual output ~57,000 tons of tilapia, producing 21,800 tons of premium fresh fish fillets
Export to Europe & USA
Fresh tilapia fillets exported to European and American markets, average price $5.1/kg, meeting highest international quality standards
Expansion Potential
Total lake area 45,000 hectares, with potential to acquire additional 30,000 hectares development rights, 7-8x expansion capacity with only 3-4x investment increase
Stable Revenue
Annual sales revenue $110 million, providing investors with stable cash flow returns from real-world agricultural assets
Project Statistics
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