The Government of Brunei Darussalam

                                                                                             
Prawn Companies Sign Agreement on
Rental of Aquaculture Sites

JERUDONG, 21 June 2006, Wednesday - The signing ceremony of agreement on rental of aquaculture sites was held at Holiday Lodge, Jerudong.

The signing ceremony took place between the Department of Fisheries under the Ministry of Industry and Primary Resources and 12 prawn farming companies, including one company engaged in crab farming.

The organisations which signed the rental agreement for aquaculture sites are Syarikat Tuah Maju Multifood Sdn Bhd, Syarikat S. Kota Sdn Bhd, Syarikat Kamila Construction Sdn Bhd, Syarikat Sujuyo Sdn Bhd, Syarikat Usaha Asilati Sdn Bhd, Syarikat Hoei Fisheries Development Sdn Bhd, Syarikat Semaun Aquaculture Sdn Bhd, Syarikat Greenville Farm and Food Industries Sdn Bhd, Syarikat Norjaidah Enterprise, Syarikat Perusahaan Cempaka Abadi, Syarikat HT Enterprise and Syarikat DuaoDua Fisheries.

Present as the guest of honour was Dato Paduka Haji Mohd Hamid bin Haji Mohd Jaafar, Permanent Secretary at the Ministry of Industry and Primary Resources.

Also in attendance were Hajah Hasnah binti Ibrahim, Director of Fisheries cum Event Chairperson, Fisheries Department, Ministry of Industry and Primary Resources, Dr George Chamberlain, President of Global Aquaculture Alliance, Head of Departments and Senior Officers as well as Aquaculture Industrialists.

According to the Director of Fisheries, three companies were allocated the aquaculture site at Pangkalan Sibabau Phase I and four companies were allocated the site at Pangkalan Sibabau Phase II, both areas 50 hectares in size, located in the Brunei Muara District Area.

Meanwhile, five other companies were allocated an area of 92 hectares at Kampung Keramut and another company was allocated an area of 38 hectares at Tunggulian, located in the Tutong District.

The guest of honour, in his speech, stated that the global revenues for seafood amount to 70 million metric tonnes where more than 30 per cent of it is contributed by the aquaculture industry. Within these two decades, the annual increase in fish landing has decreased to one per cent, while aquaculture industries production has increased to 10 per cent.

This trend shows a positive prospect in the aquaculture industries, predominantly in the prawn-farming sector, which brought in revenue of 2 million metric tonnes worth US$ 8 billion.

However, in Brunei Darussalam, the aquaculture industry is expected to produce consistent revenue of B$200 million every year until 2023. Out of that amount, approximately B$113 million is to be generated from prawn farming activities.

Up until today, the development of aquaculture industry has helped stimulate the growth rate in the fisheries industry, where in turn the fisheries industry has successfully contributed to the Gross National Product from 0.2% ($12.3 million) in 1984, to 1.0% ($81.7 million) in 2003.

To ensure the efficient expansion of prawn farming activities, the Government of His Majesty, through the National Development Plan projects has prepared the basis of infrastructure such as roads, electricity, seawater, clean water and telephones at aquaculture sites.

The government hopes that more local entrepreneurs are keen in exploring the export market. Although some entrepreneurs have started exporting to Hong Kong, US and Japan, the amount is still minimal. For example, the amount of fish exports in 2000 is B$1.03 million while in 2005, there was only a slight increase to $3.0 million.

The guest of honour highlighted that to achieve the objective of increasing the export of seafood, it is important to ensure that the products to be exported are competitive enough to compete in international market. This can only be achieved by using advanced technology that is more efficient and effective in producing larger quantities and premium products.

- Courtesy of Borneo Bulletin -


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