{
    "success": true,
    "data": {
        "id": 1036981,
        "msgid": "fishery-sector-aims-at-us2b-export-target-1447893297",
        "date": "1996-06-17 00:00:00",
        "title": "Fishery sector aims at US$2b export target",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Fishery sector aims at US$2b export target BOGOR, West Java (JP): The government is aiming at an 11 percent growth in the country's fishery exports to US$2 billion this year from last year's $1.8 billion in spite of numerous problems currently faced by the sector. Director General of Fisheries F.X.",
        "content": "<p>Fishery sector aims at US$2b export target<\/p>\n<p>BOGOR, West Java (JP): The government is aiming at an 11<br>\npercent growth in the country's fishery exports to US$2 billion<br>\nthis year from last year's $1.8 billion in spite of numerous<br>\nproblems currently faced by the sector.<\/p>\n<p>Director General of Fisheries F.X. Murdjijo said on Saturday<br>\nthat it is important to increase productivity and exports because<br>\nfisheries are expected to become the agricultural sector's new<br>\nsource of growth for the current long-term development plan which<br>\nstarted in 1994.<\/p>\n<p>\"The expectation is quite understandable since the fishery<br>\nsector is very potential, considering that we have used only 40<br>\npercent of the aquatic resources we own,\" he said when opening a<br>\none-day seminar on fisheries.<\/p>\n<p>The seminar was organized jointly by the Bogor Agricultural<br>\nUniversity's School of Fisheries, the Directorate General of<br>\nFisheries and the Indonesian Association of Fishery School<br>\nGraduates.<\/p>\n<p>Murdjijo said that in the 1993 to 1995 period, the country's<br>\nfishery production grew by an average of 5.65 percent a year from<br>\n3.7 million tons to 4.2 million tons. Most of this, or about 77<br>\npercent, came from marine fisheries, particularly shrimp.<\/p>\n<p>Meanwhile, the fishery exports during that period rose by 4.18<br>\npercent in volume to 574,234 tons in 1995 and by 9.68 percent in<br>\nvalue to $1.8 billion.<\/p>\n<p>But Murdjijo acknowledged that the sector would have to solve<br>\nmany problems before it could sufficiently meet the government's<br>\ntargets.<\/p>\n<p>\"The sector is now facing the risk of decreasing resources and<br>\nenvironmental qualities...and unequal distribution of resource<br>\nexploitation,\" Murdjijo said.<\/p>\n<p>Apart from that, there was also a severe shortage of sound<br>\nfishing vessels, as non-motorized fishing boats owned by poor<br>\nfishermen made up most of the country's fleets. Such boats were<br>\nunable to make long trips, thus fishing was concentrated mostly<br>\nnear the shore.<\/p>\n<p>Manpower<\/p>\n<p>He also considered low-quality manpower as a serious problem<br>\nfaced by the sector.<\/p>\n<p>\"About 64 percent of our fishermen are primary school dropouts<br>\nand only 26.2 percent have primary school certificates... This,<br>\nin turn, causes problems in training and education,\" he said.<\/p>\n<p>Murdjijo said the long line of problems, and the natural risks<br>\naffecting fisheries, lead to the sector's poor performance and,<br>\nin turn, caused banks to avoid giving loans to businesses in that<br>\nsector.<\/p>\n<p>I Nengah Suanda, an executive of Bank Rakyat Indonesia, said<br>\nSaturday that 50 percent to 60 percent of the bank's loans to the<br>\nfishery sector during the 1990 to 1995 period have gone sour.<\/p>\n<p>\"For shrimp ponds alone, 75 percent of the bank's Rp 60-<br>\nbillion loans given in 1990 to 1996 have gone sour,\" he said.<\/p>\n<p>According to Bank Indonesia (the central bank), only 11.7<br>\npercent, or less than Rp 10 trillion, of the total loans given to<br>\nthe agricultural sector during the period between 1991 and<br>\nFebruary 1996, were allocated to fisheries.<\/p>\n<p>In comparison, plantations were allocated 69 percent of the<br>\ntotal loans.<\/p>\n<p>Bank Rakyat said in its paper at yesterday's seminar that the<br>\nlow portion of loans given to fisheries and the agricultural<br>\nsector in general, was caused mainly by the high risks incurred<br>\nby the products' sensitivity to environmental changes and price<br>\nfluctuations.<\/p>\n<p>\"The demand for agricultural products is inelastic and the<br>\nsector's added value is small compared to other sectors,\" the<br>\npaper read.<\/p>\n<p>The bank said that fisheries, shrimp pond businesses in<br>\nparticular, showed low rates of loan repayment. Some businesses<br>\nfailed because of errors in cultivation and management<br>\ntechniques, lack of expertise and unfavorable and unanticipated<br>\nenvironmental conditions. (pwn)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/fishery-sector-aims-at-us2b-export-target-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}