Aero Supplies of Saudi Arabia To Buy Fresh Commercial Aquaponics Fish From ECER Aquaculture
The project is part of the East Coast Economic Regions (ECER) efforts to boost the country's freshwater aquaculture industry, the ECER said in a statement here today.
The MoA includes the purchase of 20-40 containers of Patin per month from KPKKB and will generate an income of between RM80-100 million per year."The Patin fish-rearing project was started with the cooperation of the Kelantan Department of Fisheries and to date 140 ponds have been identified for use," said KPKKB's chairman, Datuk Seri Abu Raihan Wan Jaafar.
The nations freshwater aquaculture industry has significant growth potential due to expanding demand in both local and export markets.
The national demand for fish-based food is expected to increase from the current 1.2 million tonnes to 1.5 million in 2010. This means, Malaysia's current per capita consumption of fish would rise from 49 kg to 56 kg.
Malaysia exported a total of 283,385 tonnes of fisheries commodity valued at RM2.253 billion in 2004 to countries like the United States, Thailand, Singapore, China, and Indonesia.
Under the Ninth Malaysia Plan, the Aquaculture Industrial Zone (AIZ) initiative in the East Coast Economic Region, is projected to develop and improve the nations aquaculture industry.
Aside from that, the AIZ concept is also aimed at increasing the net income of aquaculture participants to at least RM3,000 (U$875) per month.
Malaysia's aquaculture industry was valued at RM1.4 billion in 2007, with the production of 213,780 tonnes of fish.
Aquaculture production is envisaged to increase up to 600,000 tonnes by 2010. Of this, 400,000 tonnes would be produced through marine culture (land and water based aquaculture) while 200,000 tonnes will come from the freshwater fish industry.
This article is courtesy of bernama.com/bernama/v5/newsindex.php?id=359432