Seafood industry targets S$8.5 bil export turnover next year

The seafood industry has set a target of US$8.5 billion export turnover in 2015, an increase of 10.7 percent over 2014, reported the Ministry of Agriculture and Rural Development.

The seafood industry has set a target of US$8.5 billion export turnover in 2015, an increase of 10.7 percent over 2014, reported the Ministry of Agriculture and Rural Development.

A seafood processing company (Photo: SGGP)
A seafood processing company (Photo: SGGP)

To obtain the target, the Directorate of Fisheries will have to focus on controlling diseases in seafood farming, the quality of input materials such as feed, and environment treatment.

Seafood output reached 6.3 million tons in 2014 and exports hit US$7.92 billion, an increase of 18 percent over the previous year and 11.6 percent over the year plan.

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