THE Government has set aside $5 million for a new Tuna Development Fund as part of its efforts to strengthen Fiji’s position in the global fisheries industry while boosting compliance, sustainability and food security.
Responding to the 2026-2027 national budget in Parliament yesterday, Minister for Fisheries and Forestry Alitia Bainivalu said the new fund would support one of Fiji’s most valuable marine resources.
“This investment will strengthen Fiji’s competitiveness in the global tuna market, ensuring that our fleets remain viable, our exports remain strong, and our nation continues to benefit from one of our most valuable marine resources,” Ms Bainivalu said.
She said the ministry would also invest in technology to improve fisheries monitoring and combat illegal fishing.
“We are also devoting $515,000 in Electronic Monitoring Systems.
“This will enhance transparency, reduce illegal fishing, and provide reliable data for management.
“The effect is two fold: stronger compliance with international obligations and greater credibility in global markets.”
She said $80,000 had also been allocated for offshore exploratory fishing to identify new fishing grounds and reduce pressure on existing fish stocks.
“This will allow for the exploration of new fishing grounds, diversification into new fisheries, and the reduction of pressure on existing fish stocks, thereby supporting the management of inshore fisheries.”
Ms Bainivalu said the investments would strengthen Fiji’s standing in the global fisheries economy while supporting local communities.
“These investments in the offshore sector are about securing Fiji’s place in the global fisheries economy, protecting our reputation, and ensuring that our people benefit from the wealth of our ocean.”
