Shrimp cultivation offers a potential economic value
Kebumen, Central Java (ANTARA) - Vice President Ma'ruf Amin has called for all-out efforts to increase Indonesia's shrimp market share and achieve the shrimp export target of US$4.3 billion in 2024.

"We must be able to optimize the precious opportunity to increase the market share of this industry," he said at the Vaname Shrimp First Harvest event at the Area-Based Shrimp Cultivation Pond (BUBK) in Kebumen, Central Java, on Monday.

Indonesia is the third-largest shrimp exporter in the world, just below Ecuador and India, he noted adding, the archipelagic nation's shrimp market share is still stuck at around 6 percent.

According to Amin, the transition of the COVID-19 status from pandemic to endemic has provided a momentum and an opportunity to the country to recover and strengthen its resilience in the fishery-food sector, including by optimizing shrimp cultivation.

"Shrimp cultivation offers a potential economic value. The shrimp exports during this year's first quarter contributed as much as 32.5 percent to Indonesia's overall fishery products exports," he pointed out.

Vice President Amin then stressed that success in shrimp cultivation could likely result in the achievement of the shrimp export target.

To make Indonesia a big player in the shrimp industry and in shrimp exports, related parties should make all-out efforts, including by strengthening various aspects upstream and downstream, he added.

In the upstream domain, the government will need to establish cultivation facilities with the capability of producing superior seeds as well as build area-based cultivation ponds to bolster production.

Meanwhile, in the downstream domain, the country will need to produce competitive processed shrimp products with high added value and penetrate more markets.

"Therefore, today's shrimp-harvesting activity should be treated as an important momentum to support the revival of Indonesia's fishery sector, especially its shrimp cultivation," Amin said.

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Translator: Rangga Pandu, Tegar Nurfitra
Editor: Sri Haryati
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