Mekong targets US$3 bil. in catfish exports by 2020

Workers process tra fish at Cuu Long Seafood Export JS Co. in An Giang Province. The Mekong Delta is striving for export turnover of US$3 billion from the fish by 2020. (Photo: Tuoi Tre)
The Mekong Delta is aiming for a turnover of $3 billion in tra catfish exports by 2020, according to a plan approved by Prime Minister Nguyen Tan Dung.

 
The project calls for total output of tra to be raised to 1.5 million tons in 2010, of which 600,000 tons will be exported for estimated revenue of US$1.5 billion.

By 2020, total production will reach 2 million tons with export earnings from the fish amounting to $3 billion.

The plan also aims to create jobs for about 250,000 people.

Total investment in the project is estimated at VND1.34 trillion ($72.5 million), of which VND800 billion will be allocated for 2009-2015 and the rest for 2016-2020.

To help boost the plan’s success, Mekong Delta provinces and cities will industrialize tra fish production, re-arrange breeding areas, and develop large-scale farms to achieve higher yields.

By H. Loi – Translated by Truc Thinh

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