Penang’s Aquaculture Sector Does Swimmingly Well
By Negin Vaghefi
January 2018 PENANG ECONOMIC INDICATOR
The highly profitable aquaculture industry not only nets in millions of ringgit, it also creates employment and business opportunities for Penang’s population.Malaysia is among the world’s top fish-consuming countries, putting away 56.9kg per year per person.1 Fish contribute about 44% of the total animal-sourced protein intake of the population, and more so where resource-poor consumers are concerned (Figure 1). On average, Malaysian households spend about 21.8% of their food expenditure on fish. That percentage is even higher among the rural...
Negin Vaghefi
is a senior analyst at Penang Institute. She holds a Ph.D. in Environmental Economics. Her research interests include agri-environmental economics, climate change, green economics, poverty and income inequality, and policy analysis.
