Year of publication 1974

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Pages p. 103

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Author Dr. Arkadiusz Labon;Fisheries and Aquaculture Management Division

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Product type Project

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Edition 1

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Synopsis (short abstract) The New Economic Policy (NEP) of Malaysia is aimed at reducing and eventually eliminating poverty and at accelerating the process of restructuring Malaysian society, so as to reduce and eliminate the identification of race with economic function. This should be achieved through increasing employment opportunities and raising income levels for all Malaysians. The basic elements of the NEP are social goals in the broadest sense, which should be achieved by economic means. The development policy for the fisheries sector follows that of the whole national economy and translates the general policy objectives into more specific objectives related to this sector. The social goals, including increased employment opportunities in the fisheries industries, higher income for the fishermen and more active participation of the fishermen in fishery enterprises, will be achieved through development and maximum exploitation of the fisheries resources of the country in accordance with sound fisheries management practices. One of the specific objectives of the Government Policy is to correct the imbalance between the underdeveloped fisheries on the east coast of peninsular Malaysia, as compared with the relatively well developed west coast. Furthermore, the west coast catch has reached the maximum level the fishery resources can sustain within the present limits of operations, while the east coast fishery takes only approximately one third of the potential resources available within the pr esent range of operations. The east coast fishery now exploits mainly pelagic resources of the coastal zone, the demersal resources being relatively untouched. The availability of underexploited fishery resources off the east coast, which are able to support a substantial development programme, coincides with the Government's objective of concentrating development efforts on the east coast in order to improve the economic situation of the area.

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Language English

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