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Constraints and financial profitability to the exploitation of natural

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  • Aquaculture was introduced in Cameroon by the Eighties through mainly barrage ponds grown with Tilapia, Heterotis niloticus, Catfish, and common carp. The government, to encourage the activity, built 33 fish farms stations (43,75 ha) in six provinces. Aquaculture fish production is estimated at 55 m tons, FAO, 1996 (1). This situation contrasts with the huge potential in natural resources (favourable climate, foods crops, agriculture by - products and industries; hydropgraphical network. This study was conducted to examine the constraints that prevent full Aquaculture development as well as financial profitability. A random sample of 31 fish farms was interviewed and data from the operating accounts for the period 1997/1998 were analysed. The Net Present value (NPV) and profitability index were calculated, while the constraints were identified and analysed using the FAO, 1998 (2), Strengths, Weaknesses, Opportunities, and Constraints (SWOC) analysis, compared to a suggested commercial model developed. Findings of the study indicate that Aquaculture in Cameroon, a small scale integrated fish farming is profitable. Profitability is high when using commercial techniques. Simulations, with the potential stocked 7 fish/sq.m, show that, Aquaculture can contribute to close the gap between demand and supply with a production of 420,000 m. tons/annum, reduce fish imports estimated at 70,000 m. tons/year; to employment and income, and shift the pressure on sea water where up-welling are lacking. Aquaculture can thus be used as a tool for Economic development in a context of liberalization of the economy. Fish-farmers should focus on small and medium sizes ponds between 850 sq. m and 1 ha while, the government in the short-term should implement appropriate policies (land titles for Aquculture sites; loan scheme and fingerlings production in fish-farm stations).
  • Keywords: Aquaculture economics, Aquaculture Economics and Management, Fisheries Economics, natural resources, economic development
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  • Meke Soung, Pierre Nolasque. 2004. Constraints and financial profitability to the exploitation of natural. In: Proceedings of the Twelfth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 20-30, 2004, Tokyo, Japan: What are Responsible Fisheries? Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2004. CD ROM. ISBN 0-9763432-0-7
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Urheberrechts-Erklärung
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