Penang’s Aquaculture Sector Does Swimmingly Well

By Negin Vaghefi

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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...

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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.