Indonesia’s Marine and Fisheries Potential: US $ 1.2 Trillion per Year
As the world’s largest archipelago,where about 75 percent of its territory is water with a long coastline reaching 104 thousand km2, Indonesia is a country with great marine and Fisheries potential because it is endowed with huge Fisheries biodiversity and abundant marine resource.
When assessed economically, Indonesia’s marine and Fisheries economic potential is estimated at 1.2 trillion US dollars per year. However, managed and utilized potential is estimated to be less than 10 percent.
One of the natural wealth contents in Indonesian waters is the abundant wealth of fish resources, both in terms of quantity and diversity. Fish resources potential in Indonesia’s marine waters is estimated to reach 7.3 million tons / year.
In addition to marine waters, abundant fish resources are also located in various mainland waters, both in lakes, swamps, reservoirs, and rivers. Fish resources originating from mainland waters are known as capture fisheries.
This sector has a strategic role as an employment provider, especially for communities in coastal areas and around mainland waters, provider of food (animal protein), foreign exchange earner, driver of other growing related industries, and mover of economic growth in the region.
The capture Fisheries sector is driven by activities conducted by approximately 2.7 million fishermen spread across Indonesia operating about 557,140 units of fishing vessel.
Most of the business actors in this sector are small fishermen, therefore the government intervenes in the form of providing capital, business facilities and infrastructure, infrastructure support, assistance/ guidance, strengthening of business institutions, as well as market access, technology and human resource development.
In addition to absorbing fisherman labor, the capture Fisheries business is also able to open employment in various other fields, both in the upstream and downstream sectors, including in the field of shipyard business, fishing gears as well as processing business and marketing of Fisheries products.
The government’s policy in the catch Fisheries sector is to support four pillars of national development, they are;
(1) tackling poverty (pro poor),
(2) provide extensive employment for the community (pro job)
(3) promote growth and equity of economic benefits (pro growth)
(4) promote environmental sustainability (pro environment).
In addition, the government policy is also directed to support various national policies, among others is the implementation of MP3EI (Master plan for Indonesia’s Economic Development Acceleration and Expansion), MP3KI (Master plan for Indonesia’s Acceleration of Poverty Reduction), P4B (Acceleration of West Papua’s Development), and the National Fish Granary.