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A Mexican aquaculture farm. (Photo: Sagarpa)

USD 325 million allocated to develop fisheries and aquaculture sector

Click on the flag for more information about Mexico MEXICO
Wednesday, January 05, 2011, 16:20 (GMT + 9)

The National Commission of Aquaculture and Fisheries (Conapesca) will have a record budget for the sector during this fiscal year, amounting to MXN 4,000 million (about USD 325 million). This amount represents an increase of 10.8 per cent over the amount allocated in 2010.

As reported by the Ministry of Agriculture, Fisheries and Livestock (Sagarpa), the main objective of this increase is to promote harmonious, balanced and sustainable aquaculture, fisheries and rural communities.

The aim is to achieve a restructuring of fisheries and aquaculture in the country, which has around 12,000 kilometers of coastline and in a year is forecasted to experience a sharp decline in gross domestic product.

The Director General of Planning, Programming and Evaluation of Conapesca, José Guadalupe Trujillo Jiménez said that since the establishment of the entity, in 2001, the budget increased on average by 46 per cent annually, from MXN 57 million (USD 4.6 million) in 2001 to MXN 2,315 million (USD 186 million) in 2010.

Of the total budget approved for 2011, 61 per cent, equivalent to MXN 2,435 million (USD 198 million) was allocated to support competitiveness. This is done through two programs: Support for Investment in Equipment and Infrastructure, with MXN 1,635 million, and the Agricultural Income Support PROCAMPO for a Better Life, with MXN 800,000.

Roughly MXN 650 million (about USD 52.8 million) will be earmarked to the National Inspection and Monitoring Program, and the Electrical Infrastructure Program for Aquaculture Zones (PIEZA), both aimed at protecting the environment.

In this sense, Sagarpa reported that the priority this year will be "environmental protection", with support for the purchase of diesel fuel for marine and coastal operations, among other areas.

For its part, the Ministry of Economy reported that the fund for Small and Medium Enterprises have a budget of almost MXN 7,000 million (USD 560 million) for fiscal year 2011.


By Silvina Corniola
[email protected]
www.fis.com

 

Photo Courtesy of FIS Member  SAGARPA - Secretaria de Agricultura, Ganaderia, Desarrollo Rural, Pesca y Alimentacion
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