The size nearly Europe, but Indonesia fishing industry not better than neighbor country. This is of course disappointed, since mostly Indonesia cover by the water. An excessive exploration had been blame the lack of productivity in fishing Indonesia, and those are not by Indonesian.
Indonesia position in the heart of ocean line between Pacific and Indian ocean, made it very easy access from many country to explore the fishing spot in Indonesia sea. The big area to cover gave the official hard to supervise the whole fishing spot.
There is a story that every night in Indonesia sea, party of the looter from other country enjoy Indonesia fish. A big ship standby in the international water collect fish from small fishery ship, process, pack and send to Europe or other place. These had been for so long and the lack of control, made Indonesia fishing industry collapse.
Recently had been tough measure, catching those stealing fish, prosecute and bring them to the court. Then burn the ship if convicted of stealing. The result was very good, above the expectation. Indonesia fishing industry alive again.
Regulation had been in place to prefer farming the fish than catching on the sea. This is to preserve the extinct fish in Indonesia sea. However this gave also a boost in fishing industry, since budget in place to raise farming fish industry.
If you are interested in investing in Indonesia, you can joint local company in fishing industry. The prospect are very good, still not much competition and the market are still big. Mostly for domestic consumption, but export market also had a chance to grow in the future.
