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Saturday, 13 January 2018 08:21

Investment in Fisheries Sector Reaches Rp 4 trillion

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Nilanto Perbowo Nilanto Perbowo Wikipedia

 

 

 

 

Director General for the Improvement of Competitiveness of Maritime and Fisheries Products at the Maritime Affairs and Fisheries Ministry, Nilanto Perbowo said in Jakarta on Thursday that investment in the maritime and fisheries sector reached Rp4.03 trillion until the third quarter of 2017 and is targeted to increase to Rp6.3 trillion this year. He said that investment in fish catch and farming jumped 96.81 percent or Rp1.23 trillion in the third quarter of last year as compared to that of the same quarter of 2016. Likewise, investment in the fish processing industry also rose 0.4 percent or Rp2.29 trillion compared to the same period of 2016. He added that most of the investment in the maritime and fisheries sector came from Singapore, the Philippines, Belgium, China and Japan. Nearly 73 percent of the investment went to the fish processing industry, 19 percent to the production business and 7.25 percent to the commercial business. (Ant)

 

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