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    BFAR medium-term plan targets major output increases for shellfish, crabs

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    Date
    February 24, 2022
    Author
    Jocson, Luisa Maria Jacinta C.
    Metadata
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    Classification code
    BW20220224_S1/4
    Excerpt
    The Bureau of Fisheries and Aquatic Resources’ (BFAR) next five-year plan has set aggressive targets for shellfish and crab output, with more modest goals for other segments of the fishing industry, the Agriculture department said. Shellfish were set a target for output gains of 250% by the end of the five-year period, while mangrove crab production had a goal of 500% growth. Both commodities had exceeded their targets between 2016 and 2020. Commercial fishing production was set a growth target of 4%, while that of municipal fisheries had a goal of 5% growth. The growth target for production of bangus or milkfish was 6%.
    Citation
    Jocson, L. M. J. C. (2022, February 24). BFAR medium-term plan targets major output increases for shellfish, crabs. BusinessWorld, p. S1/4.
    URI
    http://hdl.handle.net/20.500.12174/14614
    Associated content
    Online version
    Corporate Names
    Bureau of Fisheries and Aquatic Resources (BFAR)
    Subject
    shellfish crabs production fisheries fishery economics
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    • BusinessWorld [834]

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