Malaysia signed an agreement and institutional cooperation contract with Norway on Regulatory Framework for Aquaculture in Malaysia, to contribute to sustainable development of aquaculture in Malaysia.
Norway, which has a leading position globally in the aquaculture industry, will not only help Malaysia develop a regulatory framework for aquaculture farming, but will also provide experts and training for Department of Fisheries (DOF) staff in the field.
The total funding for the project is on a cost-sharing basis, Norway will provide MYR 3.253 million in funding while Malaysia will contribute MYR 3.275 million, starting 2012-2015.