The Mindanao Development Authority (MinDA) will train aquaculture farmers in increasing white shrimp and milkfish production, with a target of 10,000 offshore fish cages within two years.
“The Fish Cage Development Program targets production of about 200,000 metric tons of milkfish a year, which will infuse an estimated P26-B into Mindanao’s economy and provide thousands of jobs,” Secretary Emmanuel F. Piñol stated.
Respectively, Piñol mentioned that the first workshop will be conducted at Malalag, Davao del Sur, a town known to obtain a huge industry of fishcage.
“The workshop lectures, open to farmers and investors, will discuss milkfish and shrimp production, market potential analysis, available financing from the government and private banks, financial management, processing and value addition, market engagement, and environmental awareness,” Business World reported.
Moreover, the Bureau of Fisheries and Aquatic Resources, government and private financing institutions, prospective buyers, and manufacturers of ready-to-install fish cages will support on facilitating trainings.
The said program does not only focus on improving the milkfish production but also to address the ongoing concern of the food security in the country amidst the diseases in living stock and poultry industries.
At present, the Philippines is facing challenges in the meat industry due to the ongoing cases of the African Swine Flu (ASF).
In Palawan, mariculture increased the output of milkfish.
“The fish cages can be set up in coves to increase the production of bangus and build for it a solid industry. One of the advantages of the cage culture, she added, is its ‘stocking density’ that can be achieved,” Dr. Evelyn Grace de Jesus-Ayson of Southeast Asian Fisheries Development Center (SEAFDEC) said.