Government aims to boost lobster industry

A new lobster-breeding program could generate up to $600 million in revenues over the next five years, according to Nao Thuok, director of the Fisheries Administration at the Ministry of Agriculture… Mr Thuok first mentioned the new breeding program at a meeting in Phnom Penh hosted by the Japanese Embassy and the Japan International Cooperation Agency (JICA) last week, government news agency AKP reported on Monday. In order to implement the program, the Fisheries Administration needs between $4 million and $10 million in funds and is seeking donors to finance the initiative, according to AKP…