Media ININ Economy We Trust
Media In / Riyadh 12 March 2019
The workshop on “Investment in Fish Farming”, organized by the Riyadh Chamber, represented by the Committee on Agriculture and Food Security in cooperation with the Ministry of Environment, Water and Agriculture in Riyadh yesterday, confirmed that the kingdom has a large number of ingredients and benefits. Fish, along with the availability of export opportunities and competition, and the Department of Fisheries Department of the Ministry of plans and incentive programs, all factors confirm the success of investment in this sector.
The workshop presented a presentation by the Agricultural Development Fund in the workshop of the program to support the techniques of fish farming from the vision of 2030 and the national transformation program (70%) of the total cost of projects. He also highlighted the Fund’s strategy in the field of industry development in this field and projects supported by the bank .
The Agricultural Development Fund pointed out that the objective of supporting the sector’s projects is to reach the Kingdom’s production of farmed aquaculture to 970 thousand tons per year in 2029.
On the other hand, a paper on fish farming presented by the aquaculture sector consultant at Coral Coast Saud Al-Otaibi indicated that the Kingdom is importing about three times as much as its domestic fish production annually. It is expected that the world fisheries production will increase to 181 million tons in 2022 The paper also highlighted a number of challenges facing the sector, including the production of more fish in a sustainable manner, the lack of qualified cadres with expertise in the field of aquaculture in all its forms, Of similar products in the world.
The workshop also presented a paper on the quality of fish feed presented by Eng. Khalid Qattanan from ARASCO, in which he reviewed the economics of fish feed and its quality assessment and the raw materials involved in its manufacture.
