BY:MOHDJEFRIRADIUS
THEWorld'sfisheriesisdramaticallyunder pressureasaconsequenceofhumans'risingdemandforsea products .Duringthe recentconferenceoftheWesternand CentralPacificFisheriesCommission(WCPFC) heldin Manila; participantsraisedtheiralarmingconcernthatdrasticmeasuremust betakenbyreducing30 percentsofitscatchthatmainlycomprisedthevulnerablebig eye tuna species fromtheproductionof151,000metrictonnesannually.
Not usually to preservetunastocksor varietiesvidestatisticsofcatchin 2011e.gSkipjack tuna (1.4 million tonnes) as well as Yellowfin tuna (550,000metric tonnes)respectively,which ison theverge ofdepletion,butothermarine lifeas wellthat arecaught as well as hauledaccidently together with lobsters whichluredthe growingmiddle class mostlyfrom theAsianregion.
Mr. AsisPerez, Headofthe PhilippinesBureauofFisheries wasquoted recentlybyAFPcorrespondentin Manila assaying"The areacovered bytheWCPFCprovides50per cent ofall thetuna catchglobally".
Generally, about75per centoftheglobal fisherieshaveeitherbeenfullyorevenoverexploitedwhichmeanswild catchescannotincreasedsustainably .
TheNew South Wales' PortStephen FisheriesInstitutereportforecaststhatwiththelimitedsupply from thewild,theaquaculturesectorcatersthealternativeashaving thepotentialtosupplytheneedofan additional74 millionsmetric tonnesby 2025, whichismore than40 per centof thepresentaquaculturecapacity, therebyjustifyingtheimportanceofthesectorinquestionastheworld'sfas! testgrow ing food,which isexpandingrapidlyat therate ofeight percentevery year.
Asan example,theRM 2Billion IntegratedLobsterAquaculturePark(ILAP)locatedin Semporna,bestknown asthe gateway toSipadan , oneofthe world'sbest divingheavens,isexpectedtotransformtheeconomyof thissouthwestcoastaltownin Sabah,oncethenewagri-businessmodelissetfullyin operationtobringaboutmore bigchangesover the nextfew years.
Significantly,over thelong termit presencecouldturnSempornaintoamajor playerintheglobalseafoodindustryparallel toorin thesame wayIntel 'sfirstoverseasfactoryin Bayan Lepasthat had successfully turnedPenangintoAsia'sSilicon Valley. OncePenangstartedmakingIntel'smicroprocessors,it showcasedtheresourcesavailablein theStateto otherglobaltechnologycompanies.
OthertechnologyplayerssoonfollowedsuituponIntel'sfruitfulestablishmentofitsfootholdin Asia ,thustransformingPenangintoaworldpowerhousein electronics. Today , trade of thecommoditiesfromBayanLepasareearningaturnovertothe tuneofRM 20Billionper year. Over the yearsIntelhas spreaditsoperationsfrom the merefive acresitein 1972to thepresentspaceofover160 acres.
Thepartnership betweenPenangandIntelhas broughtotherspin offbenefitsas well.Intelhas setupresearchprogrammesandlaboratoriesin UniversitiSain Malaysia (USM) comprisingnot justcomputer technology though additionally inmaterialsandmineralresearch. IntelandothertechnologycompanieshaveindustrialplacementprogrammesbenefitingUSMstudents.
Prospectively, If the9,300hectaresILAPis successfulunderajoint venturewith Yayasan Sabah, Sempornacould bethe seafoodindustryasPenangistotheelectronicmanufacturing. Theaquacultureparkis the newagri-businessmodelwhich is expected to revolutionise the global seafood industry. The totalinternationaltradein seafoodis morevaluablethan the globaltradein all otheranimal proteinput togetherand some37percentsof theworld 'sfish productio! nis expo rted, thusmakingitthemostgloballytradedanimal protein.
Intwoyearstime,theILAPwillkickoffitscommercialphase. Thisnewagri-businessmodelisidenticaltotheconceptimplementedbytheFederalLand DevelopmentAuthorityorFELDA, that creatednew opportunitiesfor farmerstoown tiny holdingsofpalmoilin the1960s and1970's.Thisis thebasisforMalaysia'ssuccessfulpalmoilindustry, whichhasa45 percentsshare oftheglobal market.
Farmerswho participatein theILAPwillhavea guaranteebuybackfromDardenRestaurantsInc,a USFortune500companyandtheworld'slargest ownerand operatorof fullservicerestaurants .Darden servesnearly400millionmealsa yearin the1,900plusrestaurantsit ownsand generatessalesofmore thanUSD7.5Billionannually.
Thecompanyin questionhas developedabreedingtechnology for spinylobster, that isindigenous toSabah waters. Initially, underthe guaranteeLobstersgrown by farmers willbe boughtbyDardenthatwillthenselltheproductstoAsian consumers.
Eventually,whentheILAPhasbuiltupitsoptimumcapacity,Sabahlobsterswillalsobeservedin Darden'sstringsofrestaurantspresentlylocatedthroughouttheUnitedStates.
ThestrategicgeographicallocationalongwiththecleanwaterofSempornaconsidered the naturaldisasterriskfree zone are between the conduciveenvironmentalfactorsluringthe RM 2 BillionILAPinvestmentonthenorthernpartoftheBorneoIsland.
TheILAPis thejewel oftheYayasanSabahspearheadjointventurevia itssubsidiaryInnoFisheries Sdn. BhdwithNanyang NexusSdn.Bhdto incorporateLobster Aqua Technologies Sdn.Bhd, throughwhich YayasanSabahandNanyangNexuswilldevelopand manageILAPand willfurtherroll outinvestment inrelevantinfrastructuraldevelopmentnamelyroads, powersupply, jettiesanddocks etc.
WhileNanyang Nexusis itselfajoint venturebetweenDardenand alocalaquacultureexpertDr ShahridanFaiez,thefirstMalaysianelectedtotheBoard of Directors ofthe ! GlobalAq uacultureAlliance(GAA), theworld'sleadinginternationalorganization foraquaculture.
Dr Shahridantogetherwith his partnerSharizalShaaaraniformedEver NexusSdn.Bhd,whichisDarden'sstrategicpartner inMalaysia.
TheILAPisexpectedtohitfullscalecapacityby2029withtheproductiontargetof40million poundsorabout18,000metric tonnesofspiny lobstersyearly.Salesareprojectedto beaboutRM3Billion then.Itwillhavethreecutting-edgehatcheries forhatchingand breedingspiny lobster.
Thehatcheriesare thekeytoILAP'ssustainability, producingstocksoflobstersto begrown outtoreachmaturitysize.
Currently, lobstersfarmersaround theworldarestillstickingtothetraditionofcatchingwildlobstersforfurtherbreedingintheirfarmsor pondsuntilreachingmaturitywiththerightcommercialgradesandspecifications, thismethodologyisposinga real threat to thedepletingpopulation ofwildlobsterswithintheirzonesofhabitationin theopenseas.
Thanksto theleadershipoftheStateGovernmentunderChief MinisterDatukSeri MusaAman, Sabahwithitsabundantnaturalresourceswillbe able to tapthis lucrative as well as growingmarketinpartnershipwiththeglobalplayertheUSCompanyDardenIndustries.
ILAPwillbeanewmodelofagribusiness, seen asa catalysttoturnSabah EconomicTransformation 'svisions as well as missionsintorealityasamajorseafood player,thusdubbingtheboomingcoastaltownofSempornaastheBayanLepasoftheglobalseafoodindustryin thenextcoupleof years
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