Ca Mau’s exports target over US$1 billion

(VOV) - The southernmost province of Ca Mau expects to bring their export turnover to US$1.050 billion in 2013, up 10.5 percent on last year.

To fulfill the goal, the provincial People’s Committee has paid special attention to promote trade, develop and expand markets for aquatic products, and encourage businesses to invest in new technologies in order to improve the quality of seafood products and hone their competitive edge.

The province’s key export items includes shrimp, fish and cuttlefish which are sold to markets such as the US, Japan, the EU, Australia, Canada, Russia, China, the Republic of Korea and several others on the African continent.

Ca Mau currently has 33 frozen seafood processing factories and four fish powder processing factories, with a capacity of around 180,000 tonnes per year.

To fulfill the target, the province has directed relevant agencies to boost administrative reforms, implement incentive policies for businesses through the provision of loans, lowering of interest rates and the exemption of certain fees and taxes.

It also focused on developing aquaculture in an effective and sustainable manner by establishing centralised shrimp farming areas, applying modern technologies, promptly addressing infectious diseases on shrimp, and expanding the aquaculture model under the VietGAP procedure to provide clean materials to export seafood processing factories. .

The province will invest in upgrading infrastructure and irrigation and facilitate offshore fishing to reach the 107,000 tonnes of produce required to reach the target.