Sustainable Value Chain for the Seaweed Industry in Malaysia and the ASEAN Region: A Roadmap for Policy Formulation
Publication Date:
2021
Pages:
12
ISBN:
978-92-808-9137-9
Publication Place:
Bruges
Publisher:
UNU Institute on Comparative Regional Integration Studies
Publication Language:
EN
Copyright Holder:
UNU Institute on Comparative Regional Integration Studies
Copyright Year:
2021
Policy Brief Type:
Abstract:
- Sustaining economic interest in Malaysian seaweed cultivation and ensuring price stability will require coordination of downstream value chain activities including marketing and trading.
- Incentives and financial support for Small Medium Enterprises (SMEs) and private sector investments could spearhead innovation in diversified seaweed-based value-added products. This can help to create a sustainable demand for seaweeds and derived products.
- Implementation of biosecurity measures is essential for managing production risks such as pests and diseases outbreaks, enhancing productivity, and reducing losses.
- Advancing a stable supply of healthy seedlings for cultivation remains key to ensuring the sustainability of seaweed value chains and the industry in Malaysia and the ASEAN region.