P3-B fish-cage program exclusive, risky – group

THE P3-billion fish-cage installment program of the Department of Agriculture (DA) may benefit only the big-fish corporations and endanger the marine and aquatic environment, the Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) warned.

Only big-time fishing corporations, entities and individuals can invest in large fish cages due to the intensive capital needed for the aquaculture industry, Pamalakaya Chairperson Fernando Hicap said in a statement.