Prawn industry facing shortage of land for expansion


MANY have considered prawn cultivating as a farmer's job which is back-breaking and yield low returns but J.W. group of companies chief executive officer Michael Ting begged to differ. 

“I tell them it's basically about returns. The industry gives very good returns and if a farm is managed properly, it can achieve an average of 30 to 40 times higher returns than oil palm in terms of per unit of land,” he said. 

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