The National Fishing Industry is divided into two (2) sub-sectors that are capture fisheries and aquaculture:
Capture Fishery
Capture Fishery sub-sector is managed to ensure that fisheries resources are exploited in a sustainable and profitable manner. Limited fisheries resources factors do not allow the increase of number of vessels done with impunity. Based on the status of existing resources, only deep sea fishing still has the potential for development. Other factors affecting the fishing industry is a lack of interest among locals to work on the deep sea fishing vessels, loss during/after harvest (post harvest losses), invasion of foreign fishing vessels, the use of equipment that is not resource friendly and downstream activities (processing) which have yet to be fully developed in our country.
Aquaculture
Aquaculture sub-sector has high potential to be developed in the country. Among the factors affecting the development of the aquaculture industry is a huge start-up capital, the difficulty of obtaining a suitable area and the threat of disease. The country is not left behind in terms of technology and the Department is always ready to help with the technical aspects. The fry shortage issue is due to lack of operators as the method/technique to produce fry are readily available in our country.
The two sub-sectors of fisheries also face problems in terms of lack of local workers, the need to comply with international standards, competition and the need to produce quality products safe for consumption and cheaper than imports.