Ca Mau pours VND 20 trillion into shrimp industry boom

News 09:11 05/06/2024
(seafood.vasep.com.vn) According to the newly approved shrimp industry development plan for Ca Mau province, by 2030, the total investment capital for shrimp development will be around VND 20,000 billion. Ca Mau will have two 190-hectare seafood complexes in Nam Can district and a 178-hectare complex in Dam Doi district.

 

The growth plan for the shrimp sector for the years 2021–2030, with an eye toward 2050, has been authorized by the People’s Committee of Ca Mau province, according to a report by TTXVN. By 2025, the Ca Mau province hopes to generate $1.4 billion in shrimp export revenue, and by 2030, it hopes to reach $1.65 billion. By 2030, it is anticipated that 176,000 tons of finished seafood would have been processed, requiring a total of VND 20,000 billionin investment capital for shrimp development.  

Two seafood complexes are planned by the Ca Mau province: the 190-hectare Nam Can Seafood Complex in Nam Can district and the 178-hectare Tan Thuan Seafood Complex in Dam Doi district.

The urban seafood complex is a place that provides housing for officials, experts, and workers involved in seafood harvesting and aquaculture; a resettlement area for people needing relocation for the construction of super-intensive shrimp farming areas; a center for high-quality seed inspection; and a logistics service center, as well as a domestic and international seafood trading floor.

Currently, Vietnam is one of the largest shrimp producers in the world and ranks among the top four countries in shrimp exports, along with Ecuador, India, and Indonesia. Ca Mau is the province with the largest shrimp farming area in the country, covering 303,000 hectares, of which approximately 280,000 hectares are dedicated to shrimp farming, with a total estimated shrimp production of 243,000 tons per year.

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