Looking Seawards: The Benefits of the Blue Economy Await Penang

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Penang’s economy, culture and environment are defined as much by the water that surrounds its shoreline as it is by the land on which its people live and work. Its coastal waters, rivers, lakes, wetlands, coral reefs and estuaries create jobs and provide an important source of food, creating huge economic opportunities. The ocean has come to represent a new economic frontier for actors of different interests across the public and private sectors. Ocean-based economic activities can be sustainably developed to optimise the benefits and minimise negative impacts on the environment and society. Enter the Blue Economy. It refers to the supportable use ...


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