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Thursday September 13, 2007
PM bats for more tuna plants in region

 

By HARLYNE JOKU
PRIME Minister Sir Michael Somare yesterday said the era for Pacific island countries to manage their own tuna resources must now begin to pave way for the setting up of downstream processing plants.
Sir Michael declared this as he observed that foreigners had been taking liberty of bringing the region’s tuna catch somewhere else, thus depriving the Pacific island countries of the million-dollar benefits from their fisheries resources.
He said of the 2.7 million metric tonnes of tuna caught within the Pacific valued at US$2.5 billion, Pacific Island countries collectively earned only US$100 million as resource rent or access fees from fishing fleets that operate within their respective zones.
He stressed that this earning represented only about 5% of the entire value of of 2.7 million metric tonnes of tuna caught.
“While we have been managing tuna resources within our ocean, we have unfortunately not derived an equitable level of benefits from the harvest of these resources,” Sir Michael said at yesterday’s opening of the two-day Pacific tuna forum meeting at the Crowne Plaza Hotel in downtown Port Moresby.
Sir Michael said Pacific Island States must benefit from these resources and that appropriate steps must be taken to increase the level of participation by the people and industries of the Pacific Island States in the harvesting and processing of tuna from the region.
But he stressed that PNG and other Pacific Island States cannot achieve this on their own.
“They need the support of the distant water fishing nations by investing in the Pacific to provide job opportunities.
Sir Michael said PNG had the competitive advantage of being located at the best fishing ground in the world.
He said his Government would now push for additional tuna processing plants to add on to the three existing canneries over the next few years.
Sir Michael said PNG had taken steps to support the setting up of onshore tuna processing plants by offering appropriate level of incentives to the investors.
“While the cost of operation in PNG is still higher than in Asia, we do have competitive advantage of being located right at the best fishing ground in the world.
“With the three tuna processing plants now in place, we do see the possibility of having additional plants over the next few years so as to increase the total processing capacity and in doing so, create economies of scale,” Sir Michael said.
The Prime Minister had acknowledged the support of the investors – RD Tuna Canners, Frabelle (PNG) and, South Seas Tuna Corp – for establishing tuna processing facilities in the country and the support of the fishing industry at large to the growth of PNG’s economy.
He said the Government will review the level of incentives and support that was provided to the fishing industry and offer new packages that were more attractive to both investors and domestic industry players.
Sir Michael further said national fisheries legislation would also be reviewed to put restriction on the export of raw skipjack tuna that was being caught within PNG’s exclusive economic zone.
Sir Michael said in 2005, the Pacific catches accounted for 63% of the total world catch of 4.3 million metric tonnes.

 

 

           

 

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