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Govt pledges $14m to seafood industry

by the Fish Site Editor
01 November 2007, at 12:00am

AUSTRALIA - The Federal Government has revealed a raft of election promises that would benefit the Australian seafood industry.

Fisheries Minister Eric Abetz says if re-elected the Government will introduce six initiatives to assist the industry.

They include a $10 million initiative to increase farmed seafood production and $4 million to boost sales of eco-friendly ocean produce.

Senator Abetz says it is important to maximise the industry's productivity.

"The seafood sector is worth $2.2 billion to the Australian economy. It employs literally thousands of people right around the Australian coastline," he said.

Source: ABCnews

the Fish Site Editor