Penang hosts the 2024 conference of the International Institute of Fishery Economics and Trade (iifet).

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The 21st edition of the biennial conference will be held in Penang, a state located in the northern region of Peninsular Malaysia, where WorldFish has been based since relocating its headquarters in 2000.

Penang will host the 2024 International Institute of Fishery Economics and Trade (IIFET) Conference. The 21st edition of the biennial conference will be held in Penang, a state in the northern region of Peninsular Malaysia, where WorldFish has been based since relocating its headquarters in 2000. The 2024 conference will be held in Asia for the first time from Nha Trang, Vietnam in 2008.

The policy forum at the Penang conference will focus on the emerging concept of nutrition-sensitive fisheries and aquaculture and will be presented by the originator of the concept, WorldFish’s Global Head of Nutrition and Public Health, Dr Shakuntala Haraksingh Thilsted, who is also the 2021 World Food Prize Laureate.

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“Penang is a center of excellence for marine and coastal studies and is also where the regional headquarters of World Fish are located. This conference will be an excellent opportunity to build state capacity to address the global challenges we face in managing the world’s aquatic food sectors for sustainability” cited Ashwin GunasekeranCEO of PCEB.

“With Asia accounting for 70% of total aquatic animal production from fisheries and aquaculture in 2020, it makes perfect sense that the International Institute of Fisheries Economics and Trade conference takes place in Asia. Penang will only be the third city where this conference will be held in this region”quoted Dr. Essam Yassine Mohammedthe interim CEO of WorldFish.

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“Although the main economic drivers of Penang, in terms of contribution to the state’s GDP, are the manufacturing and service sectors, there is no denying the importance of developing the agricultural sector, which includes fishing and aquaculture, to ensure sufficient supply of affordable and available products and nutritious food for the people of Penang to reduce dependence on expensive food imports.This will undoubtedly help to maintain price stability for the Future aquaculture production that exceeds national needs can be exported to further boost Penang’s GDP’ said the chief minister Chow Kon Yeow in its press release.

“Just six years before humanity is set to achieve an ambitious set of Sustainable Development Goals (SDGs), we want to draw the attention of IIFET members to the growth-inequality-resilience nexus that cuts across the fisheries and aquaculture economy and trade” said Edward Hughes AllisonWorldFish Acting Director for Sustainable Aquatic Food Systems.

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