JAKARTA: Fisherman Iwan, who like many Indonesians goes by one name, has been in the industry for the last 10 years.
Mr Edhy Prabowo explained during a press conference that the scheme would be used for helping fishermen, cultivation, processing and marketing. The package will also be used to supervise fishery resources, such as watching for illegal foreign vessels and internal audit. In early May, the national statistics agency reported Indonesia's first quarter Gross Domestic Product for 2020 at 2.97 per cent, the lowest level since 2001.The ministry of marine affairs and fisheries estimates that Indonesia's fishery industry is worth around US$1.34 billion annually.LACK OF RELIABLE DATA, INFRASTRUCTURE HAVE HURT EFFORTS: ANALYSTS
“But this narrative has been the topic for quite some time over several administrations. So I really hope this time, there is an actual seriousness for a breakthrough to realise this ambition.” Electricity supply to the ports is a particularly acute problem, Mr Halim said. As a result, the national logistics system cannot function as it should because its cold storage is not functioning optimally, he explained.
The lack of access to markets and financing have also affected the development of the fishery sector, said Mr Baihaki who also said that there are many untapped investment opportunities.
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