Malaysia Urges Development of Aquaculture

Tom Mulligan
Tuesday, September 10, 2019

The Malaysian Ministry of Agriculture and Agro-based Industry is encouraging all Malaysian States to carry out aquaculture to boost the production of high-quality fishery produce to meet the rising demand, as well as to create a healthy environment. Deputy Minister Sim Tze Tzin said Penang the State that was top in aquaculture production in Malaysia and the only State that had reached a 50:50 percent ratio in aquaculture and captured fish.

“Moving forward, we need to have more aquaculture activities, the deputy minister stated. “Malaysia is in the capture fisheries sector, but the fish resources are declining at an alarming stage. That is why we need to have conservation, we have to implement certain policies to ensure we are not over-fishing. Eventually, we will have to move on to aquaculture.

“Penang’s aquaculture industry is worth MYR 1.67 billion ($399.6 million) a year. The country’s total is about MYR 3 billion ($717.8 million). Penang’s share is therefore over 50 per cent compared to all the other States. We need to encourage more States to carry out aquaculture,” he stated. (Source: Bernama)

Categories: Environmental Ocean News Aquaculture Offshore Malaysia

Related Stories

Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows

Iran Tightens Enforcement of Strait of Hormuz Transit Rules

Oil Eases After Topping $100, Still Set for Weekly Rise

Oil Jumps 3% on Renewed US-Iran Conflict

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

Oil Surges 3% on Renewed US-Iran Strikes

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

Hormuz Reopening Risks Turning Oil Shortage Into Glut

Oil Holds Steady After US, Iran Agree to Cease Attacks

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Current News

Santos Expands LNG Portfolio with Asia, Canada Deals

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

TPAO Eyes Karabakh Offshore Expansion with SOCAR

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows

Greater Sunrise Gas Production Pushed Back to 2034

SED Energy Holdings and Ventura Offshore Set to Combine Ops

Asia's Oil Industry Braces for Prolonged Hormuz Disruption

Petronas Awards Estuary Cluster PSC to Harvester Energy

ABS Backs Hanwha Ocean’s Standardized FPSO Design

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com