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25-year masterplan to be developed for fisheries sector

The government has announced plans to formulate a 25-year fisheries master plan.

The ministry said as the fisheries sector is the second-largest industry in the economy, it needs to be strengthened and developed. Therefore, targeted development must be brought to the industry under a clear strategic plan.

The plan will set out the objectives, vision, and objectives of the fisheries sector for the next 25 years, while also setting goals to increase economic benefits by utilizing marine resources. The effort is supported by financial assistance from the World Bank.