The 15,000-tonne organic salmon farm would be located off Inis Oírr on a 500-hectare site in Galway Bay, and would be one of the largest of its kind in Europe.
Approval of the project could see the creation of 350 direct and 150 indirect jobs, says BIM. It will be owned by the body on behalf of the State but leased to operators on a franchise basis.
The scheme has been welcomed by Comhar Caomhán Inis Oírr, but the island co-op said it was important that a promised €8-million pier for the island is constructed first to provide the necessary infrastructure.
The Irish Times has more on the story HERE.