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PIA Press Release

BFAR funds aqua-culture, marine-fishery projects in Siquijor province

Province of Siquijor (28 June) -- At least six livelihood projects costing some P803,590 funded under the Bureau of Fisheries and Aquatic Resources' (BFAR's) input-assisted projects are on-going this month in the province of Siquijor.

BFAR-Siquijor provincial head Warren Inao, in an interview with the PIA said, the project is intended to help improve the production of the fishery sector by providing the fisherfolks through the People's Organization (POs), starting capital for aqua-culture and marine fishery projects in a roll-over scheme.

Inao said, the amount is specifically used for the procurement of fishing nets, fish corals, fish pots and other supplies and materials for aqua-culture and marine fishery projects based on the need of the beneficiary in a municipality.

Beneficiaries are the Siquijor Seaweeds Growers Association for a seaweed farming project; Luyang and Banban (LUBAN) Fish Association for the procurement of fish pots worth P80,000; the Caipilan Siganid Growers Association amounting some P269,000 for milkfish culture in pen; the Talayong Fishefolk Association of Lazi town for Fish Coral (Bunsod) project worth P47,500; association of fisherfolk of Lower Cabancalan, and Catamboan for the Bolton set gill net (panaan or patuloy) project costing some P69,040; and the fisher folk association of Maria also for the procurement of fish pots worth P160,000.

Inao advised all the PO-beneficiaries to take care of the capital and work hand in hand with the government to sustain the program. He explained that like other government projects, these projects need constant follow-up and monitoring to see to it that the beneficiaries are keeping with the agreed conditions.

"Since this is a roll-over scheme, 60% percent of the total income goes to the fisherfolk association, 30% goes to the bank, while 10% is used for maintenance cost," Inao said explaining that this is necessary to give equal chance to other fisherfolks who would want to avail of the program.

Based on BFAR data, the Philippines remains as the top eight fish producer in the world. In 2008, the country's production from aquaculture is close to 2.5 million metric tons, which also results to the employment of more than 1.6 million Filipinos, either involve in fishing, fish farming or fish processing ventures. (PIA-Siquijor) [top]

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