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๐Ÿ‡ซ๐Ÿ‡ฏ Fiji /Economy & Trade

Beche-de-mer fishery reopening earns communities $4.1 million

From FBC News · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources Outcome reported
  • Fiji's beche-de-mer fishery has generated an estimated $4.1 million for resource-owning communities since reopening on February 1.
  • The Eastern Division led earnings with $1.3 million, followed by Western, Northern, and Central divisions.
  • The fishery provides income opportunities for fishers, women, youth, and rural families, with a growing indigenous participation, helping communities manage rising costs.

The reopening of Fiji's beche-de-mer fishery has proven to be a significant economic boon, generating an estimated $4.1 million for resource-owning communities in just a few months. Minister for Fisheries Alitia Bainivalu announced that the fishery has delivered direct income to villages across the country since its reopening on February 1 this year.

The fishery has delivered direct income to villages since reopening on 1 February this year.

โ€” Alitia BainivaluMinister for Fisheries Alitia Bainivalu stating the economic impact of the beche-de-mer fishery on local communities.

The Eastern Division recorded the highest earnings, bringing in $1.3 million. The Western Division followed with $1.1 million, the Northern Division with $1 million, and the Central Division with $500,000. Between March and May alone, Fiji exported 56.636 metric tonnes of beche-de-mer, valued at approximately $2.7 million.

Minister Bainivalu highlighted that the industry is creating diverse income opportunities for various groups, including fishers, women, youth, boat owners, and rural families. Notably, indigenous participation in the sector is growing, with two of the eleven approved exporters being iTaukei-owned companies. This influx of income is particularly crucial for maritime communities grappling with escalating fuel and transportation costs.

The industry is creating income opportunities across the country for fishers, women, youth, boat owners and rural families.

โ€” Alitia BainivaluMinister Bainivalu describing the broad economic benefits of the fishery.

The revenue generated from the beche-de-mer fishery is directly benefiting villages, assisting families in meeting their daily expenses for essentials like food, fuel, and education. The government remains committed to ensuring that Fiji's marine resources continue to provide substantial benefits to local communities while simultaneously supporting livelihoods and safeguarding these resources for future generations.

The reopening of the fishery is putting money directly into villages and helping families meet everyday expenses, including food, fuel and education.

โ€” Alitia BainivaluMinister Bainivalu explaining how the fishery's income directly supports families.
DistantNews Editorial

Originally published by FBC News in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.