Declaration of Policy.
Section 2
SEC. 2. Declaration of Policy. — It is hereby declared the policy of the State to accelerate the integrated development of the fishery resources of the country. For this purpose, the Government shall promote, encourage, and hasten the organization of, provide assistance to, and help integrate the activities of all persons, associations, cooperatives and corporations engaged in the industry so that the nation may achieve self-sufficiency in the supply of fish and fishery products and to achieve said purposes, the fishing industry shall be considered as a Board of Investments pioneer project. It shall also encourage and promote the diversification of export products and markets to enable the fishery industry to contribute positively in the development and growth of the national economy. More particularly, the Government shall help provide financing, training, extension services, technical assistance and infrastructures for production, storage, processing, transportation, marketing and the distribution of fish and fishery products.