Regional News
DTI urges stakeholders to invest in mariculture
BUTUAN CITY – With the rise of park zones allotted for mariculture in Caraga, the Department of Trade and Industry (DTI) is encouraging stakeholders to engage in aquamarine industry by building fish cages within its identified four mariculture parks. The said park zones are in Surigao City and in the municipalities of Nasipit, Dapa and Barobo which currently hold more than 400 existing fish cages.
Solis said that initial investment for fish farming using the Norwegian fish cage would reach P3 million inclusive of the fish cage, fingerlings, and aqua feeds, as well as technical training on DTI Caraga Regional Director its operation. Brielgo O. Pagaran aspires to invite investors in the aquamarine industry He added that more than 50 to maximize the region’s potential units of Norwegian fish cages are productivity in the fisheries sector. already installed in the region where bangus (milk fish) fingerlings as prime “We need to make use of our commodity are bred. existing park zones so that people may be provided with jobs and our target An estimated four tons of bangus gross regional domestic product are harvested at least twice a year in is reached within a few years,” he each fish cage unit which is equivalent added. to almost P500,000 income per harvest. Trade and Industry Development Specialist Dennis Solis said that DTICaraga is now providing technical assistance to investors who are interested in engaging with building Norwegian fish cages which are mobile circular cages made of high-density polyethylene.
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Caraga Infocus
As it is a lucrative business, aquaculture is considered a priority industry cluster in Caraga. Furthermore, the said project promotes environmental, economic and social sustainability thereby creating a sustainable aquaculture in the region. (DTI Caraga/PIA-Caraga)
January 18-24, 2020