The Government of Brunei Darussalam

                                                                                             
Prawn Entrepreneurs Lament Delays, Water Pollution and Marketing Issues

BANDAR SERI BEGAWAN, 9 October 2006, Monday - Several prawn entrepreneurs have voiced their grievances over long delays in loan processing and other issues facing the shrimp industry such as the absence of feeding mill, water pollution at Pengkalan Sibabau and marketing problems.

These were highlighted during a dialogue yesterday between the aquaculture (prawn) industry entrepreneurs and the Minister of Industry and Primary Resources, Pehin Dato Seri Setia Dr Awg Hj Ahmad, who chaired the session. Also present were the Deputy Minister, Dato Paduka Awg Hj Hamdillah, Director of Fisheries, Hjh Hasnah, Managing Director of Semaun Holdings, Dyg Hjh Asmah, as well as directors under the ministry and senior officials.

An entrepreneur lamented over the long delays in loan processing to finance the development of prawn-breeding farms and to pay employees. In responding to this, the government had long allocated funds through bank loans to help the entrepreneurs. The government had given out funds totaling $24 million. However, only a small fraction managed to settle the outstanding dues.

Hence, in the upcoming 9" National Development Plan, the government will allocate $70 million in promoting aquaculture business.

Another entrepreneur raised the issue of developing a feeding mill for prawn. However the government responded by saying that such a facility will not be developed as the number of prawn entrepreneurs is small.

Meanwhile, a prawn consultant from USA, Integrated Aquaculture International, has been engaged by the government to help implement and enhance the prawn breeding productivity.

They and the authority concerned will attend a conference to take place in Miami, USA on November 5- 9 this year. The meeting will provide an opportunity for them to promote the local prawns to the world's largest consumer. The consultant said Brunei produces high quality prawns which have the potential to be exported throughout the region including to Sabah and Sarawak.

The Minister said that they will form a committee headed by himself to monitor the facilities and technology as well as the situation to further develop the industry.

Meanwhile it was highlighted that SEIWA Corporation is capable of producing five million prawn "seeds".

Brunei is targeting the production of large prawn species such as tiger prawns because countries like Malaysia and India are producing normal prawn species.

The fisheries industry has a potential to contribute towards economic diversification from heavy dependence on oil and gas. Research conducted on resources and fisheries potential indicated that the fisheries sector could achieve total receipts of $400 million in 2023. Out of this figure, $200 million could come from aquaculture and another $113 million from prawn breeding.

The aquaculture industry's growth succeeded in stimulating the rate of growth in fisheries sector where it contributes $81.7 million in 2003 (1.0 per cent) from $12.3 million (0.2 per cent) in 1984.

The fisheries sector's strategic plan for 2005-2023 targets a value of $200 million annually from the aquaculture sector.

Towards meeting this target, the department has implemented international aquaculture technology verification projects which have been developed to be used by local entrepreneurs in producing high quality aquaculture products, which is on par with international markets.

One of the efforts undertaken to boost production is by acquiring an aquaculture expert to help the department in improving the prawn "seeds" and improving prawn growth rate.

Even with the services of a foreign specialist, what is going to be the challenge is that local entrepreneurs should double their efforts to achieve the target and they have to produce high quality products.

The dialogue was held in order for the Ministry of Industry and Primary Resources to hear issues, ideas and problems faced by entrepreneurs. The ministry will also give support to the entrepreneurs in upgrading and developing their businesses to be more productive and of high quality in order to compete in the international market.

The dialogue was held for the first time and attended by 13 prawn entrepreneurs.

- Courtesy of Borneo Bulletin -


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