THE IMPORTANCE OF THE FISHING INDUSTRY

Amidu Edson
1 min readMar 20, 2022

THE FOLLOWING ARE THE IMPORTANCE OF THE FISHING INDUSTRY

  • Provision of employment opportunities to fishermen hence improving their standards of living.
  • Source of food rich in proteins to the population.
  • Source of foreign exchange through fish exports used for infrastructural development e.g. roads.
  • Promotes economic diversification thereby increasing income flow and reduces dependence on agriculture.
Photo by Knut Troim on Unsplash
  • Facilitates the development of fish processing industries which provide more jobs e.g. Masese and Gomba fisheries.
  • Source of government revenue through taxation used for the development of schools and hospitals.
  • Stimulates development of other sectors like poultry through providing feeds e.g. silverfish (Mukene).
  • Facilitates the development of infrastructures such as roads, markets and training institutions which leads to the provision of social services.
  • Has facilitated growth of towns leading to regional balance e.g. Dar-es-salaam, Kisumu and Bukoba.
  • Promotes tourism through game fishing e.g. at Malindi.

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Amidu Edson

i am a blogger owning two websites https://accountingrabi.com and https://geographypoint.com I write about financial accounting, geography, managerial accountin