Mexixo has recently amended the legal framework that governs the Mexican
fishing industry.The new system allows Mexican and foreign private investmens
to interact in the mexican fishing industry. The new legal framework opens
new prospects for accelerated growth in all fisheries sectors. Rapid development
of this industry is expected.
Sinaloa is one of Mexico's major fishing states. It ranks first in terms
of commercial value of output and fourth place in terms of volume of the
catch. The shrimp catch, which accounted for more than one third the national
total in the past five years, is of prime importance.
The state's fishing industry is primarily a supplier of fresh products.
Approximately 95% of output is for direct human consumption, and the remaining
5% is processed in 119 plants. Spectacular growth has been seen in Sinaloa's
aquaculture in recent years. In 1987 there were only 27 fish or shirmp farms,
in 1995, that number had climbed to 138. In the same period output of shrimp
farms rose from 585 metric tons to 8,725 metric tons. |