This article was first published on October 19, 2018 on our Weekly E-Paper.
Yamako Pacific (B) will export 100 tonnes of processed tuna to Japan starting this month, surpassing government’s expectation to increase national fisheries production by 60 tonnes by year end.
The seafood processing company was able to meet government’s projected increase by August, owing to the abundant supply of tuna in Brunei waters.
“When we first began exporting processed tuna in July, we were only able to ship about 25 tonnes to Japan but we quickly doubled the amount to 50 tonnes the next month and later to 100 tonnes this month,” its director, Rafiuddin Ghazali said.
Currently, Yamako (B) fulfills about 20 tonnes of the export volume while the remaining 80 tonnes are bought from local tuna suppliers.
With the fast-paced growth, Rafiuddin projected strong potentials for tuna to become one of the leading exports for Brunei, stressing the need for more local fishing companies to rise and take part in building the industry.
The company also plans to expand its factory located at the Muara Fish Landing Complex to ensure sufficient space for storage and process.
“Talks are currently underway for us to export our processed tuna to China. If that goes well, then we may be going for European countries next,” the director said.
“With that in mind, I do hope there will be more locals involving themselves into fisheries, as it now holds strong potential to grow big in the coming years,” he added.
In a previous report, Yamako Pacific said that it is looking to spend $9.8m (USD $7m) to expand its business in Brunei with $6.3m (USD $4.5 million) out of the total amount reserved to bring in nine more fishing vessels.