October 31, 2007
BRUNEI : Trade
Brunei Shrimps Attract Importers
Foreign and Chinese importers have shown keen interest in the country's production of blue shrimps at the 4th China-Asean Expo (CAEXPO), Nanning.
Apart from the Chinese, importers from France and Italy have also made inquiries about Brunei's blue shrimp or also known as rostiris, said Nida A Santiago,
Operations Manager of the Dua-O-Dua Sdn Bhd.
The Dua-O-Dua Sdn Bhd is one of the local private companies had put up a booth at the Brunei Trade and Commodity Pavilion at this year's expo.
Knowing the potential and contribution of fisheries to country's GDP, Santiago said Brunei hopes to penetrate the Chinese as the sultanate is the only
country that has the blue shrimps as the Chinese market is familiar with the common white shrimps. With more than 30 hectares in Telisai catering to
a4uaculture, there are 15 ponds set up for shrimp harvesting that can produce two to three metric tonnes per three-month cycle, said Santiago, adding aside from targeting the Chinese market, the company have already established export transactions with Taiwan for the past few years. Initially the company's exported to Malaysia but the operations manager said the company will also be able provide business in the form of consultancy services in aquaculture farming practices to Chinese companies.
General Manager of Semaun Marine Resources Sdn Bhd, Richard Chuang His Shan said the focus was placed on introducing the blue shrimp species to the Chinese market, offering them a bigger shrimp compared to the common white shrimp species. Richard said with a four-season climate, China's supply of shrimp to its local market saw a decline in supply due to difficulties of producing shrimps under these temperatures.
Brunei with warm temperature conditions has the opportunity to supply shrimps to the Chinese market during the colder season said, Richard, adding although the Brunei's aquaculture industry was small, the country is targeting a niche market.
When asked if Brunei can handle supply volumes for the Chinese market, the general manager said there is a need to increase the number of ponds in the sultanate, an initiative by the Ministry of Industry and Primary Resources which wants to capture a percentage of the global aquaculture market.
Courtesy Brunei Times