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Malaysian Government to actively expand Aquaculture sector.

Deputy Prime Minister speaking to reporters at the launching of the 2009 National farmers international trade center said the government will expand the aquaculture sector more aggressively as it contributes greatly to the country`s economy.

He said that the government already had plane to develop the sector, including identifying areas across the country that could be turned into aquaculture industrial zones.

There are already a few now, but it has the potential to be developed into something bigger. He said in planning the development of the agricultural sector, the government had placed aquaculture as among the sectors that could boost the value of agricultural produce.

CAQ has said that it is still actively pursuing a number of State and Federal funding options. I am told that Sarawak,s MOU is still on the table.

With Singapore and Hong Kong reporting growth for the last quarter things are looking good, with CAQs presents in the country they will be first cab of the rank for future venture opportunities.

Cheers.