Misamis Oriental’s 'mariculture' park loses P134M due to typhoon, earthquake

January 22, 2015 12:58 am 

MISAMIS ORIENTAL, Jan. 21 — The marine culture (mariculture) park in Balingasag, Misamis Oriental lost more than P134 million due to a typhoon and earthquake, a fisheries official said Wednesday.

Visa Tan Demiren, Regional Director of the Bureau of Fisheries and Aquatic Resources (BFAR), said that typhoon "Seniang” on Dec. 29, 2014 destroyed the Mariculture Park’s 109 fish structures in Balingasag.

She said that the amount of losses on fish structure, labor cost, fingerlings, broad stock, floating structures and maintenance reached P53,128,660.82 million.

Demiren said that the losses in fisheries production totaled 857.625 metric tons valued at P81,474,367.40 computed at the prevailing farm price of P95 per kilo of milkfish.

The Mariculture Park in Balingasag is one of the major producers and suppliers of bangus (milkfish) in Northern Mindanao and in the Central Visayas region due to its superior quality, the BFAR official said.

Demiren said that the earthquake that struck the Zamboanga Peninsula the day the typhoon struck also exacerbated the amount of losses because of the big waves that damaged the cages.

According to Demiren, the Philvocs reported that a huge current erosion occured in the middle of the sea of the Zamboanga Bay to Gingoog Bay because of the tectonic earthquake that occurred on the same day that typhoon Seniang struck Mindanao.

She said that the BFAR and the affected investors met last week and agreed on a rehabilitation plan where BFAR committed an P11.9-million counterpart while the local investors would raise P34.4 million. (PNA)



Comments are closed.