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Johannes Subijanto
TNC Project Leader Komodo/CMP Policy Advisor
Phone +62 21 7221310 (Jakarta Office)
+62 385 41214 (Komodo Office)> > >
> > >
> > >
> > >26. Sunyang signs accord to fish in Indonesian waters
> > >Source: Korea Post, August 12, 2000
> > >Korea will now fish in the waters of Indonesia until 2004 under an
> > >agreement concluded with the South Asian country. President & CEO Jung
> > >Dal-keun of Sunyang Enterprise Co., Ltd. recently signed an accord with
> > >President Jauhari Nataatmaja of P.T. Sunyang Indonesia in the presence
of
> > >the officials of the Indonesian Fisheries Office on July 28 providing
for
> > >Korean fishing in the waters within 12 nautical miles from the country.
> > >"Sunyang will hire local employees for the fishing operations and
transfer
> > >our advanced fishing technologies and know-how to the Indonesian
> > >fishermen," said President Jung at a recent interview with The Korea
Post.
> > >Under the agreement, according to President Jung, Sunyang will catch
> > >prawns, hairtail, yellow corbina, crabs and other fishes that teem in
the
> > >Indonesian waters. The area is known to have potential for catching an
> > >estimated total of 6.7 million tons of such fishes a year. In spite of
the
> > >fact that the area had such rich fisheries researchers, they have not
been
> > >caught due to lack of adequate fishing equipment and advanced
technology,
> > >industry sources said. Sunyang, according to Jung, will dispatch three
> > >trawl fishing vessels each consisting 139 tons to the Indonesian sea in
> > >August to conduct exploration of the waters for fishing and this year
will
> > >send nine additional fishing vessels to begin fishing operations in
real
> > >earnest.
> > >Sunyang expects that it will be able to catch some 6 million tons of
fishes
> > >there a year and achieve a an annual turnover of 2 billion won (US$1.8
> > >million). President Jung said that his company will not limit its
> > >activities to fishing but will expand the range of business to
processing
> > >the caught fish. The president of the Indonesian company is the former
> > >Indonesian ambassador to Korea who received the Order of Diplomatic
Merit
> > >Kwanghwa, highest decoration given to a diplomat for his contribution
to
> > >the Korean-Indonesian cooperation.
> > >----------------------------------------------------
> > >
> > >
>
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