Davao City – The Mindanao Development Authority (MinDA) will conduct starting next week a series of regional orientation workshop on Bangus Fish Cage Farming and White Shrimps Production for interested farmers and investors.
The workshop will be held with the support of the Bureau of Fisheries and Aquatic Resources (BFAR), government and private financing institutions like the Development Bank of the Philippines, the Cooperatives Development Authority (CDA), and prospective buyers of the produce.
The workshop lectures will include Bangus Production in Fish Cages, White Shrimps or Vanamei Production, Market Potentials and Viability, Financing Support of government and private banks, Financial Management, Processing and Value Adding, Market Engagement and Environmental Awareness.
Companies involved in the fabrication of ready-to-install Fish Cages and the production of feeds will also be invited to present their technology.
The first workshop will be conducted on site in Malalag, Davao Del Sur, one of the coastal towns in Mindanao where Fish Cage Farming has become a huge industry.
The exact venue and dates of the workshop will be announced later.
The Orientation Workshop will later move to other regions of Mindanao and Sulu to promote Fish Cage Farming as part of the economic advocacy of MinDA.
The Fish Cage Development Program is aimed at establishing 10,000 fish cages in the different coves and bays of Mindanao over the next two years.
The program is targeted to produce 200,000 metric tons of Bangus every year which will infuse an estimated P26-B into Mindanao’s economy and provide thousands of jobs.
It is also designed to support the food security program of the country at a time when diseases pose serious challenges to the livestock and poultry industry.
(Photos of the fish cages were taken in Malalag, Davao Del Sur and Tagabuli, Sta. Cruz, Davao Del Sur by the MinDA Media team.)
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