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Mexico announces significant investment in fisheries and aquaculture

Mexico is to invest more than MXN 3 billion ($166 million) in the fisheries and aquaculture sector this year, according to the Secretariat of Agriculture, Livestock, Rural Development, Fisheries and Food (Sagarpa).

January 21, 2016


Mexico is to invest more than MXN 3 billion ($166 million) in the fisheries and aquaculture sector this year, according to the Secretariat of Agriculture, Livestock, Rural Development, Fisheries and Food (Sagarpa).

The investment will impact more than 300,000 producers, according to secretary Jose Calzada.

Authorities want to boost shrimp and tilapia production, on the back of an expansion of areas for aquaculture, to reach 125,000 hectares.

Mexico\'s fisheries and aquaculture exports accounted for $1.1 billion in 2015, up by 9% year-on-year.

Source: Undercurrent News. (Eight free reads per month). Read the article here.

 

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