Outlook & Potential
Targets of the 2016 - 2020 Comprehensive National Fisheries Industry Development Plan (CNFIDP) include:
1% annual growth in municipal captured fish with consideration of proper management interventions.
5% annual growth in commercial captured fish in new fishing grounds or with positive management interventions.
Increase in aquaculture production for key species (milkfish 4%, tilapia 6%, shrimp 10%).
Reduction of post-harvest losses from 25% to 15% in 5 years and 100% compliance of facilities to hygiene and sanitation.
Increase the value and volume of traded fish and fishery products for domestic and export.