Indonesia to allocate USD 72m for aquaculture development

March 3, 2020

by Meliyana – Indonesia’s Ministry of Fisheries and Marine Affairs will allocate USD 71.63 million for the development of the aquaculture industry. Slamet Soebjakto, Director General of Aquaculture said this is USD 21.48 million more than last year’s allocation. The funds will be for shrimp, pangasius, lobster, maggot-based feed and hatchery logistics system, among others. “In the past, the orientation was only on production increase. In the next five years, we will focus on sustainability, competitiveness and socio-economic factors,” he told Asian Agribiz.