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RM30m plan to make Labuan fish exporter

MALAYSIA - The newly-formed Malaysian Islamic Chamber of Commerce (MICC) division here is initiating a RM30 million project to make the island a significant supplier of crabs, fish, prawns and other marine species to markets in China, Hong Kong, Europe, etc.

For a start, MICC plans to have two fish/crab ponds in each village here and some 100 such ponds to be in place by August this year.

It would also secure the support and co-operation of government agencies for the project, with part of the fund expected to come from the allocation under the National Agriculture and Aquaculture policy.

MICC Labuan Division Chairman Isli Siput, who announced this at a press conference, said:

"We wish to transform local fishermen using traditional methods into modern fishermen so that the commercial gain for them and the island would be greater."

He noted that there was great demand for crabs, prawns, fish and other marine species.

"We are confident that with the support of all, prized delicacies from the island would one day find their way into overseas markets and served in five-star restaurants," said Isli, a former Senator.

He said MICC would help the fishermen and farmers by providing them training on the latest technology and technical know-how, especially in aquaculture.

Source: DailyExpress