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: Offshore Environmental Ocean News Aquaculture Malaysia

Related Stories

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

ADNOC Signs 15-Year LNG Supply Deal with Osaka Gas for Ruwais Project

Tokyo Gas Enters LNG Market in Philippines

European LNG Imports Up with Asian Influx

US Operator Finds Oil Offshore Vietnam

BP to Help Boost Oil and Gas Output at India’s Largest Producing Field

Europe's Gas Uncertainty Help Drive Asian LNG Spot Prices Higher

ADES’ Fourth Suspended Jack-Up Rig Gets Work Offshore Thailand

Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Field

Shell Shuts Down Oil Processing Unit in Singapore Due to Suspected Leak

Current News

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

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