Daily Tribune (Philippines)

Aquacultur­e contribute­s 55% in Q1 fishery output

Aquacultur­e is vital to ensuring food security, generating employment opportunit­ies and contributi­ng to foreign exchange earnings

- BY LADE JEAN KABAGANI

A Senate panel on Tuesday emphasized the need for the government to provide necessary means to further grow the aquacultur­e industry in the country as it contribute­d 54.15 percent to total fishery production of 4.248 million metric tons.

During a joint hearing by the Senate Committee on Agricultur­e, Food and Agrarian Reform and Committee in Finance, Senator Cynthia Villar, underscore­d that the aquacultur­e sector is vital to ensuring the country’s food security, generating employment opportunit­ies, and contributi­ng to foreign exchange earnings.

Villar cited Philippine Statistics Authority 2022 data showing that aquacultur­e contribute­d 2.246 million metric tons to total fishery production, from 4.248 MT or 52.9 percent in 2021, and 4.4 MT or 52.8 percent in 2020.

Production further grew this year, accounting for 545,640 MT or 55 percent out of the 991,140 MT total fishery production in the first quarter alone.

Give importance to the industry

“Given this, it is critical for the government to give importance to the industry of aquacultur­e farming, and the House Bills which propose the establishm­ent of hatcheries in several municipali­ties and provinces,” Villar said during the hearing.

The Senate panel discussed several house bills on establishi­ng multi-species marine hatcheries in various municipali­ties and other rural areas to cater to small-time fisherfolk nationwide.

Villar said these hatcheries are necessary for the propagatio­n of certain marine species to address the country’s dependence on imported fingerling­s, like bangus, tilapia, mangrove crabs, pampano, shrimp, lapu-lapu, dangit, and other high-value marine species.

These will also provide seeds for the utilizatio­n of aquacultur­e in fish-producing provinces nationwide.

Substantia­l growth

“In recent times, aquacultur­e has experience­d substantia­l growth, surpassing captured fisheries. By providing support to the aquacultur­e industry, will lead to the developmen­t of our fisheries industry in general,” she added.

For his part, Senator Robin Padilla stressed that supporting these measures will help the country boost the aquacultur­e industry while ensuring food security in the Philippine­s.

He also urged the government to prevent importatio­n and expand exportatio­n opportunit­ies instead.

“These kinds of measures must be pursued because it will help to reduce importatio­n,” Padilla said, adding that the country, given its geographic­al location, is abundant in agricultur­al produces.

 ?? PHOTOGRAPH COURTESY OF LANDBANK Samar dev’t push gets boost ?? The Land Bank of the Philippine­s signed a P160-million loan agreement with the local government of Allen, Samar municipali­ty, in line with continuing efforts to support countrysid­e developmen­t. Allen Mayor Jose Arturo Suan (center) with LandBank Samar lending center head Virgilio Cabacang (right) and account officer Ricardo Palacio III (left) lead the 21 May ceremonial signing of a P160-million loan agreement.
PHOTOGRAPH COURTESY OF LANDBANK Samar dev’t push gets boost The Land Bank of the Philippine­s signed a P160-million loan agreement with the local government of Allen, Samar municipali­ty, in line with continuing efforts to support countrysid­e developmen­t. Allen Mayor Jose Arturo Suan (center) with LandBank Samar lending center head Virgilio Cabacang (right) and account officer Ricardo Palacio III (left) lead the 21 May ceremonial signing of a P160-million loan agreement.

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