The ministry is aiming for a production capacity value of BND400 million by 2020, compared to only BND10 million in 2015. As for fish capture, BND112 million is targeted by 2020 compared to BND84 million in 2015.
These aquaculture figures do not include KR Apollo Sdn Bhd’s vertical land-based, bio-secured and high-density aquaculture farming – a collaborative project between Brunei and Singapore. A key priority project for the fisheries sector, it will help realise the production of aquaculture food and aquarium fish from 2017.
KR Apollo has been offered a 12-hectare site in Sungai Jambu in Kampong Katok to farm ornamental fish and food-fish. With the use of vertical farming technology, the company is expected to produce exports worth BND35 million by 2020.
The ministry’s emphasis is to ensure that there is an increase in the output growth of agricultural industries, fisheries and forestry encouraging investor participation, both locally and investors from abroad; to increase productivity through the use of advanced technology;
and to focus on exports.
Other FDI projects include Hiseaton Fisheries (B) Sdn Bhd, who acquired a 2,000-hectare site in Pilong-Pilongan Island for caged farming of pompano fish and already commenced operations. The company is expected to produce 20,000 metric tons of pompano worth BND105 million annually by 2020.
Yamako Pacific (B) Sdn Bhd has been permitted to operate a processing plant for tuna fish which will be exported to Japan. The project involves six fishing fleets in the Zone 4 site. The company has targeted about 10,000 metric tonnes of tuna and about 3,600 metric tonnes of processed tuna fish which is expected to rake in BND100 million annually by 2020.
Golden Corporation has acquired a 200-hectare site in Sungai Penyatang, Tutong to farm organic blue shrimp and it expects to produce up to 4,500 metric tonnes of fish worth BND48 million by 2020.
RBI from Singapore and Samakaya from Brunei have teamed up in a bid to profit from crab farming, seeking BND100 million in sales per year through vertical and contract farming.
Nur Nabai Aquaculture is a joint venture between local investor Fisherod Enterprise and an investment company from Indonesia, PT Sumatera Budidaya Marine.
Syarikat Nur Nabai Sdn Bhd has been tendered for growing grouper fish in Tanjong Pelumpong and it is expected to produce 5,000 metric tons of fish worth BND35 million annually by 2020.
Minister of MPRT, Dato Seri Setia Awang Haji Ali bin Haji Apong said increasing output is one of the four pillars of MPRT’s strategic plan launched in January this year.
He said fisheries, especially aquaculture, are a highly lucrative business venture and is an economic sector that can contribute significantly to the national Gross Domestic Product.
Local farmers are also urged to ensure that the Good Aquaculture Practice (GAqP) guidelines are diligently applied in their daily farm operations. “Strict application of GAqP guidelines by all farm workers will ensure the production of high quality and safer products. If all strictly follow the guidelines, then the risks of disease outbreak in Brunei can be eliminated. This will ensure that our national productivity and economic growth agenda for the primary resources sector are kept on track,” he added.
Golden Corporation Sdn Bhd has set their sights on an additional production target of at least 2,500 metric tonnes of blue shrimp at its newly leased 200-hectare onshore aquaculture farm May 2017 in Mukim Telisai, Tutong.
A foreign direct investment company from Taiwan, the company was invited by Semaun Marine Resources Sdn Bhd (SMR) to develop the Multi-Purpose Marine Resources Processing and Business Centre in Serambangun, Tutong. The centre is the first seafood processing plant in Brunei, commencing operation in June 2012, which is fully equipped with modern aquaculture technologies. The strategic partnership aims to integrate the entire aquaculture industry in Brunei, including downstream processes; the aquatic feed, broodstock (mother shrimp), shrimp fry, shrimp farming, and processing until the delivery of the final product.
KR Apollo Sdn Bhd announced plans to build the first land-based vertical Aquaculture farm in Brunei in February 2017.
KR Apollo’s products will be available mainly for export, especially to Singapore, with the company focusing on forming co-operation with local farmers to utilise their technologies to increase productivity, paying close attention to Blue Shrimp and Macrobrachium.
The realisation of the vertical land-based aquaculture farm project will be the turning point for Brunei, which uses traditional extensive pond culture with low productivity to the multi-tiered, indoor and high-density systems of fish rearing which is energy efficient and environmentally responsible.
KR Apollo Aquarium Fish Farm originally started as an ornamental fish farm but over the years adopted and developed innovative technology which has allowed them to take farming to a new level with assurance of productions, all of which will be avail- able to its Brunei-based farm.
Copyright 2017 Borneo Bulletin Yearbook 2017 All rights reserved.