Presidential Communications Operations Office



  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Thursday, 30 June 2022 News Before 1 Feb 2012. Click for Latest
Web PIA  
 
home
 
about
 
fotos
 
info
 
links
 
ncrr01carr02r03calmimr05r06r07r08r09r10r11r12r13
 << June 2022 >> 
S M T W T F S
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30
Special News Editions:
English.Tagalog.Cebuano
Ilocano.Waray.Hiligaynon
Pangasinan.Other
PIA Specials:
NEW! Cabinet Officials
Jobs.Slides.Specials.Ads. Events.ASEAN.Multimedia
Visitors since 15 Feb 2011:
PIA News Archive:
English.Tagalog.Cebuano
Waray.Hiligaynon.Ilocano
Pangasinan.All
PIA Archive News Reader

PIA Press Release
2007/05/10

Gov't fast-tracks construction of fish hatchery facilities in Mindanao

by Prix D Banzon

Davao City (10 May) -- The government is on the double in turning the country into a major player in the multibillion-dollar live-food-fish export business as it fast track the construction and multi-species fish hatchery facilities in Mindanao and the Visayas.

The Department of Agriculture (DA) had allocated P10 million hatchery in Tawi-Tawi that is due for completion in July this year. Another P8 million was earmarked for the improvement and expansion of the multi-species hatchery in Sra. Lucia, Palawan.

Bureau of Fisheries and Aquatic Resources (BFAR) director Malcolm Sarmiento said the three hatcheries will supply local fish cage operators in existing mariculture parks quality fry and fingerlings of high-value food fishes such as lapu-lapu or grouper, apahap or sea bass and snapper.

"With these hatcheries, sea cage operators could easily shift its production from bangus to lapu-lapu and other high-value species, which command higher prices especially when sold live in China, Japan and other countries in Southeast Asian region," he noted.

According to the data from the Bureau of Agricultural Statistics (BAS), the Philippines exported some 7,140 metric tons of lapu-lapu valued at $14.9M (P771.6 million) in 2005.

"We are optimistic that export sales from lapu-lapu alone would increase by two to three-fold compared to the 2005 level in the first year of operation by the three hatcheries," Sarmiento said. (PIA) [top]

|«  prev  next  »|
DAILY NEWS LIST:
»Overloading vehicles poses hazards on bridges, roads - DPWH
»Credible, honest polls enhances economy - Rep Garcia
»Manila to host "2007 Biofuels and Feedstocks Philippines"
»Chamber of Agriculture, Fisheries & Food Industries in Mindanao in the offing
»Gov't P2.5-B irrigation projects to boost Mindanao productivity
»Gov't fast-tracks construction of fish hatchery facilities in Mindanao
»PGMA drums up call for credible, peaceful polls
»Comelec approves CAFGU absentee voting - Army
»Nothing wrong in naming areas of immediate concern, says military
»Komentaryo: P40-M Canadian financial support para sa Mindanao
|«  prev  next  »|

Philippine Official Gazette | Office of the President | Presidential Communications Operations Office
For comments and feedback, please email PIA Newsdesk
Copyright © 2005 Philippine Information Agency
PIA Building, Visayas Avenue, Diliman, Quezon City 1101 Philippines