The president of Indonensia has opened a massive new ornamental fish facility in Cibinong, which is intended to provide stiff competition to the ornamental fish trade in Singapore.
Rokhmin Dahuri, the Minister of Maritime Affairs and Fisheries told the Jakarta Post that the new facility, which is equipped with breeding and quarantine tanks and an exhibition hall, could boost the income of Indonesia.
At the moment, exports from Indonesia are worth about $15 million US dollars, or 6% of the global ornamental fish market.
Singapore is a tiny country in comparison to Indonesia but it leads the world in the production of ornamental fish, accounting for 25% of European imports, according to the Jakarta Post. What's more, many of the fish Singapore exports originally came from Indonesia.