Fishing accounts for 2 pct of Mozambique’s GDP

13 December 2013

Fishing is ranked fifth on Mozambique’s export list and accounts for 2 percent of Gross Domestic Product (GDP) and revenues of around US$70 million per year, the Mozambican Fishing Ministry said.

Cited by daily newspaper Notícias, Hermínio Tembe, the permanent secretary of the Fishing Ministry, said in Namaacha that in the recent past the sector’s total production was around 214,000 tons per year, of which 186,000 were from artisanal fishing, 8,500 tons from medium and large industry and 600 tons from aquaculture, a sector that is expanding steadily in Mozambique.

“We are aware that despite the growing role of the fishing sector in the country’s economic and social sectors, our fishing industry is still facing challenges, particularly in terms of the scientific knowledge needed to keep up with development of resources, cooperation with regional fishing management organisations and adopting international and regional parameters and standards,” said the permanent secretary for the Fishing Ministry.

During a seminar on shrimp for the working group in the south-western region of the Indian Ocean, Hermínio Tembe also mentioned the challenges faced in gathering the resources needed to improve inspection activities in Mozambique’s waters and to attract private investment in aquaculture and processing industry. (macauhub)