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Japanese firm to invest, collaborate with Ilocos Norte fisherfolk

A Japanese government-owned firm is eyeing to develop a 100-hectare mariculture zone in Ilocos Norte in partnership with the provincial government to boost local employment and harness its fishery production potentials.

On Monday, January 23, officials from the Tokushima Auction Market (TAM) and Global Trade Venture group met with provincial officials to propose a three-month training and employment plan to 25,000 local fishermen in Ilocos Norte. According to Sato Kazuo, senior consultant of Global Trade Venture group, the training will focus on aqua farming using Japanese technology.

“We will bring Japanese technology here to grow a variety of fishes like tuna, mahi-mahi, sapsap, and galunggong among others for food processing in Japan,” he said.

He added that this trading cooperation targets to boost the production of fishermen in the province, while providing them a stable income.

He also noted that they are collaborating with the state-run Mariano Marcos State University and the provincial government for the establishment of floating cages, office buildings, artificial intelligence centers, dormitories, among others.