Seaweed production which requires the lowest inve stment has also a positive ROI at 86%. This industry, as indicated in Table 4.5, contributes 70% of the total a quaculture production in terms of volume. As reported by The World Fish Center and PRIMEX (2007), some forms of seaweed farming have potential in most coastal regions of the Philippines as even poor farmers could possibly afford the initial investments while operating cost s may be sourced from other channels such as traders who provide working capital upfront in ex change for marketing contracts. Also, national statistics for all seaweed farming and the BFAR Commodity Road Map for Seaweeds include all regions in the Philippines as viable locations for seaweed farming. For carrageenophyte farming, certain areas in Mindanao, particularly in Regi ons XI and ARMM, have comparative advantages because of their clean, high-salinity wate rs and infrequent occurrence of typhoons.
|Source Institution||World Bank|
|Place of Publication||Pasig City|
|Original Publication Date||November 1, 2008|