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

TVO Customizes Tethered BOP Technology

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

Aramco Warns of Severe Oil Market Fallout from Hormuz Blockade

OSV Market: Asia Pacific Downshifts for the Long Haul

Governments Move to Shield Economies as Oil Jumps 25%

Oil Prices Go Up 3% as Iran Crisis Disrupts Supply

Seatrium Targets $40M Cost Savings in Continued Divestment Drive

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Woodside to Supply LNG to JERA During Japan's Winter Peak

Petrovietnam Agrees First-Ever LNG Term Deal with Shell

Current News

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

Eni Advances Major Deep Water Gas Hubs with Dual FIDs

Eni Advances Angola Gas Project, Secures $9B Credit Facility

TVO Customizes Tethered BOP Technology

Eni: New Gas Discoveries in Libya

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

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

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

Iran War Exposes Risks of Fossil Fuel Dependence

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