April 22, 2014
Malaysia aims to reach 1.76 million tonnes in aquaculture production
Malaysia's Fisheries Department is confident of achieving the aquaculture production target of 1.76 million tonnes with a value of MYR10.8 billion (US$3.3 billion) by 2020.
The head of the department's Aquaculture Division, Munir Mohd Nawi, said the production would enable Malaysia to exceed its protein self-sufficiency from fish and increase readiness for export to the global market.
He said last year the country's aquaculture industry's production reached 300,000 tonnes with a value of MYR3.1 billion (US$950 million).
Munir said that half of the country's aquaculture production is exported to several countries including Hong Kong, China and Singapore.