28 MARCH 2024 • WORLD AQUACULTURE • WWW.WAS.ORG foreign investment (PMA) of IDR 1.4 trillion (USD $89 million) and investment credits of IDR 2.84 trillion (USD $181 million). With the largest FDI realization from China reaching IDR 370.74 billion (USD $23.6 million), Malaysia IDR 240.47 billion (USD $15 million), and Switzerland IDR 152.89 billion (USD $9.7 million). “Based on the business sector, fish processing is in first place with an investment of IDR 3.65 trillion (USD $232 million), aquaculture IDR 2.6 trillion (USD $165 million), marketing IDR 1.95 trillion (USD $124 million), capture fisheries IDR 1.18 trillion (USD $75 million) and services IDR 186.51 billion (USD $11.9 million),” he recited. Aquaculture as a Prime Mover Indonesia is an archipelagic country with 17,504 islands, 6.4 million square kilometers of water area, 108 thousand km of coastline and a population of up to 270 million people. As many as 140 million Indonesians live in coastal areas. “This natural wealth means potential food resources from marine resources. However, IUU (illegal, unreported, unregulated) fishing and climate will threaten the sustainability of marine resources,” Trenggono continued. Regarding the marine and fisheries sectors, Trenggono explained, this is the role of aquaculture which drives investment for sustainable business. “To meet protein availability without reducing fish stocks in the sea, the Ministry of Maritime Affairs and Fisheries (KKP) will encourage the aquaculture sector to become the prime mover for the supply of fish for consumption. And the development of sustainable marine, coastal, and land farming is one of them. Sustainable culture (farming) is in line with the blue economy,” added Trenggono. This culture potential, based on data collected by KKP, is 17.91 million hectares (ha), consisting of 2.96 million ha of brackish water area, 2.83 million ha of fresh water area, and 12.12 million ha of sea water area. Meanwhile, only 6% of these areas has been utilized. Trenggono continued, referring to 5 main commodities, namely shrimp, tilapia, seaweed, lobster and crab. Stakeholders’ Voice: Aquaculture Potential With such high potential and market value, there is ‘anxiety’ among stakeholders in the field with the opinion that Indonesia is ‘still inferior’ to other countries in producing its cultured products. Take shrimp for example. Hasanuddin Atjo, a Sulawesi shrimp practitioner at a seminar in Lampung said that Ecuador, with a coastline of 2,237 km, could produce 1.150 million tonnes of vannamei prawns in 2022. China, with a coastline of Why invest in the fisheries sector and what is the relationship between this sector and the multiplier effect that emerges from it? Minister Trenggono tried to draw the line that Indonesia is one of the big ‘leaders’ who can play a role in the global community. What that means is that the world's population continues to grow and the need for food will increase continuously.
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