The newly established Belau Offshore Fishers Incorporated (BOFI) recently received start-up support of $30,000 from the Ministry of Natural Resources, Environment & Tourism for the establishment of a domestic market for tuna and other pelagic fish species. Through a formal partnership with the ministry, BOFI will take on the important task of working closely with the fishing industry, local fishers, restaurants and establishments to develop a market that ensures a consistent supply of tuna and other pelagic species at affordable prices. “To succeed, we will need to invest in a strong partnership with the private sector and working closely with BOFI, PICRC and our international partners is a step in that direction”, said Minister Umiich Sengebau. This aims to contribute to national efforts of effectively managing the Palau National Marine Sanctuary, establishing a pelagic domestic fishery and to further strengthen food security for the country.
Belau Offshore Fishers Incorporated Receives Support for Domestic Market for Tuna
