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Fishing curb may net HK$2.6b: study

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Olga Wong

WWF report shows options for limiting or halting trawling in favour of ecotourism

The city would enjoy economic benefits of HK$2.6 billion over 25 years if the government changes the way it manages fisheries, a study shows.

The study by the Fisheries Centre of the University of British Columbia (UBC) shows that banning fishing in marine parks and fisheries protection areas in Port Shelter, Tolo Harbour and Long Harbour would produce economic benefits of more than HK$1 billion from ecotourism and sustainable fishing over the next 25 years.

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If trawling were banned altogether in Hong Kong waters, the net economic benefit would be HK$2.6 billion over 25 years.

The study was commissioned by conservation body WWF's Hong Kong branch.

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It evaluates the costs and benefits of different fisheries management options, and finds the government's own proposals would generate economic benefits of HK$260 million over 25 years. The government is proposing a two-month annual moratorium on fishing, licensing boats and a ban on trawling in fisheries protection areas.

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