participation and benefits from the country’s marine resources.
He identified areas to be exploited to include ports, terminals, fishing, training, environment, tourism, power, oil and gas. He said the scope and participation of the committee would be further improved upon to accommodate more members from government agencies and relevant private sector stakeholders
“There is no doubt that the blue economy is a new frontier for economic development and a means of diversifying the economy through the use of resources from oceans, seas, rivers and lakes for the wellbeing of the people. “The ocean economy as an emerging economic frontier applies to ocean-based industry activities and the assets, goods and services of marine ecosystems,” he said.
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