Potential in forestry, fisheries sectors

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Inia Seruiratu in Parliament. Picture: FIJI PARLIAMENT

Fiji’s forestry and fisheries sector, which contributes 2.2 percent to GDP or around $300million, offers major economic potential, says Inia Seruiratu.

He told Parliament more investment was needed in sustainable resource management, value addition, and infrastructure.

“Focus must be placed on developing and marketing non-timber forest products and value-added timber products to generate higher returns,” he said.

“In the area of fisheries, opportunities should be explored to process and add value to fish and other marine products to increase export potential.”

He also urged investment in cold storage, hatcheries and jetties.

“Talking about resources given to communities, we need to find the best technology for freezers given to our fishing communities and most are non-operational again after a short period of time.”