October 8, 2010

Philippine fisheries get US$115,085 in aquaculture assistance

The Philippine agriculture department has allocated an initial PHP5 million (US$115,085) for technical assistance to the fisheries and aquaculture sectors in Palawan, an official statement said.

Specifically, the funding goes to the Department of Agriculture's Bureau of Fisheries and Aquatic Resources' Inland Sea Ranching Station (ISRS) in Sta. Lucia, Puerto Princesa City in Palawan. The ISRS manages fisheries' research and provides technical assistance to local fishermen.

Part of the fund will be used for ongoing projects such as marine fish broodstock development, multispecies marine fish hatchery, and fishpond development, the statement said.

"Said projects will ensure the production and continuous supply of fish fry and fingerlings for dispersal to those engaged in aquaculture and marine fish production in Puerto Princesa, other parts of Palawan and nearby provinces in the region," the department said.