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

OceanAlpha Shares USV Offerings at Oi26

Bahrain Push for Hormuz Shipping Resolution Hits Hurdles at UN

Asian Buyers Rush for Russian Oil Amid Supply Disruption

IEA Weighs Further Oil Stock Releases as War on Iran Continues

US Oil Shield Starts Showing Cracks as Iran War Drives Prices Higher

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

OSV Market: Asia Pacific Downshifts for the Long Haul

China Looks Best Placed to Weather Iran Energy Shock

GLO Marine to Invest $7M in New Vessel Retrofit Hub in Romania

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Current News

OceanAlpha Shares USV Offerings at Oi26

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Iran Assures Safe Hormuz Transit for Philippine Vessels

EnQuest Enters Malaysia with Cendramas Production Sharing Deal

Bahrain Push for Hormuz Shipping Resolution Hits Hurdles at UN

Energean Warns Prolonged Conflict May Delay $1B Gas Project

Iran War Reshapes Global LNG Trade

Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

Chiyoda, NYK, KNCC Target Global CCS Value Chain Development

Magazine

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