BFAR to develop pompano fish industry
The government is grooming the pompano fish industry to be export-competitive in the next five years, noting pompano's high level of market acceptance in the United States and Europe.
To accomplish this, the Bureau of Fisheries and Aquatic Resources (BFAR) will increase support for the production of pompano in the mariculture zones of Region 4A and Region 11.
Under its medium term development roadmap for the pompano industry, BFAR will continue to explore new breeding methods, develop low cost feeds, and develop sustainable development protocols.
Other interventions in support of the industry such as credit extension, provision of more port harvest infrastructure, marketing and promotion and capacity building will also be pursued within the next five years
BFAR director Asis Perez said they are optimistic that technological developments will eventually lead to substantial reduction in operating costs of raising pompano.
He noted that although the initial inputs for raising pompano are higher, the farmgate prices of the fish are double than that of bangus.
Pompano fish can be sold for P280 to P320 per kilo, while production cost is placed at P160 to P180 per kilo.
Mass production of pompano by cage farming was found to be effective as the fish readily adapts to the culture environment and grows at a uniform rate. — KBK, GMA News