BFAR medium-term plan targets major output increases for shellfish, crabs
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.
Associated content
Online versionCorporate Names
Collections
- BusinessWorld [807]