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Private investors urged to invest in fisheries market

The Government is inviting private investors to capitalise on the opportunities available in the local and global fisheries markets.                    

Agriculture Minister, Karl Samuda, says the economy could benefit more from the global fishing industry if  local investors go after a bigger slice of  the US$136 billion industry.

Samuda says discussions have confirmed that there is a large untapped market of  open-sea fish and aquaculture, which needs to be explored.    
   
He disclosed that the Government is reviewing a draft policy that will provide the framework for collaboration with the private sector to explore new species.
   
This will also ascertain the abundance of  species, such as tuna.


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