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September 24, 2013

Indonesia

All Neglected Shrimp Farms Are Back in Business

 

On September 23, 2013, Thomas Darmawan, chairman of the Indonesian Fisheries Product Processing and Marketing Association, said, “We are optimistic because our local output is surging, partly supported by better domestic prices and government efforts to further encourage shrimp farming.  Nearly all neglected shrimp farms are now back in business due to foreign investors.”

 

Indonesia ships nearly half its total shrimp exports to the USA, worth about $500 million a year.

 

Source: The Jakarta Post.  Shrimp Exporters Optimistic for US Sales After Subsidy Ruling.  Linda Yulisman.  September 24, 2013.

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