Fish production of aquaculture to increase 5 million tons

Jumat, 09 Maret 2012 | 08:59

The government has targeted to higher fish production of aquaculture this year by 56.25% to 5 million tons from 3.2 million tons last year by revitalizing traditional fishponds to be semi-intensive and intensive fishponds. Fishery is categorized into capture fishery and aquaculture fishery which is cultivated in fishponds in inland and marine waters.

The capture fishery sector had recorded fish production last year to 5.4 million tons. In 2011, the fish export value rose 19.29% to US$3.34 billion from US$2.8 billion in the same period of 2010.

Meanwhile, fish import value of Indonesia elevated 26.2% to US$494 million in 2011 from US$391 million in 2010.

The revitalization of traditional fishponds along the northern coast of Java Island of 135,000 hectare will be realized this year. “First, the revitalization will be realized in Banten and West Java first, and then continued to Central Java and East Java for next.”

The target of higher fish production of aquaculture this year at 5 million tons will be absorbed totally indicated by high fish demand from US, Japan, and China. Even, the hometown of Panda has changed their consumption pattern from carbohydrate to protein leading to higher fish consumption.

The higher fish production will be conducted against 816 fish ports throughout Indonesia. in the meantime, the government will train fish farmers on accurate methodology of aquaculture that could improve the production.

This year, about 500-600 traditional fishponds will be revitalized to be semi-intensive fishponds, leading to higher productivity to 3-5 tons per hectare. (t01/msw)

RI receives two FinanceAsia awards
Jakarta (ANTARA News) - Indonesia has received two awards from the Hong Kong-based FinanceAsia magazine for its success in issuing US dollar-denominated state bonds in May 2011 and November 2011.

The awards called `Best Sovereign Bond-Republic Indonesia $2,5 Billion 10 Year Bond` and `Borrower of the Year 2011` were received respectively in December 2011 and January 2012, Head of the Communication and Information Service Bureau at the Finance Ministry Yudi Pramadi said on Thursday.

FinanceAsia representative Stuart Wadsworth symbolically gave the awards to Deputy Finance Minister Mahendra Siregar here on Wednesday.

Indonesia won the two awards for its achievement in issuing 10-year, US dollar-denominated global bonds worth US$2.5 billion in May 2011 and 7-year, US dollar-denominated global sharia state bonds worth US$1 billion in November 2011.

According to the magazine, the issuance of the US$2.5 billion global bonds showed impressive performance because it could attract total subscriptions of US$6.9 billion.

It said the bonds offered competitive yields, and had low costs of issuance.

Likewise the issuance of global sharia state bonds worth US1 billion was also quite impressive because it received subscriptions worth US$6.5 billion.

Indonesia was also seen as a professional and experienced bond issuer in Asia. The evaluation was based on a survey made by FinanceAsia on respondents including investors, bankers, and other market players.(*)

By Sepudin Zuhri, Yudha Prawira