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Asian Journal of Agricultural Research

Year: 2016  |  Volume: 10  |  Issue: 3-4  |  Page No.: 132 - 143

Sustainability Challenges to Giant Freshwater Prawn (GFP) Firming Sector in Bangladesh: Lesson to Ensure Sustainable Economic Growth

Abul Quasem Al-Amin and Gazi Mahabubul Alam

Abstract

Background: Vibration of economy of many agriculture-based countries likewise Bangladesh sometime greatly relies on foreign remittance gained through exporting the Giant Freshwater Prawn (GFP). Methodology: Manifold constraints restrict the furthering and sustainable growth of this sector. The main constraints that contribute slowing the progress include: Lack of upgraded production technology, absence of well-timed international marketing policy and strategy, increased production cost developed through manual operations of different production and distribution circles. Results: This study advocates that with an assurance of implementation of a realistic pattern, the sustainably viable sector would be able to contribute in fostering the sustainable economic growth. In order to map the gaps, sustainability challenge is framed by looking at the possible enhancement and the existing position compared to what the state provided in the last two-three decades to the prawn farming. Conclusion: This study also provides a legislative direction to boost the marketing strategy, process for production, quality assurance, traceability and other relevant requirements that policy-maker of the sector may consider as a whole.

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