According to Vice Chairman of the Co To People’s Committee Dao Van Vu, an aquaculture master plan is necessary to capitalize on the locality’s potential, develop the economy and protect the country’s sea and island sovereignty.

The district plans to focus on modernizing the local seafood sector towards high-quality products for export and tourism. Aquaculture exploitation will be planned in line with local planning and fish breeding. Meanwhile, the district will work to develop value chains and protect the eco-system.

A corner of Co To Island

Vu said Co To will maintain its total annual seafood output at 8,000-10,000 tons until 2020, and strive to increase added value for seafood products by VND 160-170 billion (USD 6.88-7.31 million) in the next two years. Also, it targets 12-13 percent in annual growth of the local seafood sector.

The district has asked Quang Ninh province and relevant ministries and branches to prioritise capital to develop technical infrastructure on the island to lure more investors. Currently, incentives such as land and water surface rent exemptions are being given to businesses that invest in processing zones, coastal economic zones and border economic zones.

As part of the efforts to develop the local seafood sector, the provincial Department of Science and Technology joined hands with the district People’s Committee to develop “Co To squid” brand name in 2012 with an investment of VND 3 billion (USD 129,000). With the support of the project, many families have applied advanced technologies in their seafood harvest and processing to ensure food hygiene.

Modern equipment has also helped local fishermen earn more money from jellyfish processing.

Vu attributed the initial achievements of the island in modernizing local aquaculture to a Government decree on policies to branch out the seafood sector.

Source: VNA