Fisheries and Aquatic Resources

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BUILD A RESILIENT ECONOMY

Fisheries and Aquatic Resources

Leverage Sri Lanka’s maritime potential by developing blue economy initiatives that promote sustainable economic activities through public-private partnerships (PPP), maximising the utilisation of aquatic resources of the Sea of Sri Lanka.

  • Establishing a low-interest loan scheme through state and private banks for entrepreneurs to economically strengthen the fishing community and implementing special programmes to promote their entrepreneurial skills.
  • Improving deep-sea fish harvest forecasting programmes through the use of technologies such as Artificial Intelligence (AI) and Internet of Things (IoT), and developing simple methods to instantly communicate such information to the fishing community.
  • Taking necessary steps to promote fisheries tourism and thereby create alternative income sources to economically strengthen the fishing community. Providing training and encouragement for women in fishing families to engage in alternative entrepreneurship.
  • Regularizing the distribution of fish resources across the island, enabling residents in any part of the island to access fresh fish.
  • Recognising the untapped potential of inland waterways, the government aims to elevate freshwater fishing to a key component of the national fishing industry.
  • The ornamental fishing industry and its exports will be facilitated through enhanced support measures, including streamlined regulations and targeted marketing strategies.
  • Diplomatically resolve illegal activities by unauthorised foreign fishing vessels and improve communication and technological facilities to monitor them.
  • Prioritising the provision of necessary investments to improve fishing harbours and anchorages.

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