Restoring Fisheries in the Mesoamerican Barrier Reef System Project GOVERNANCE AND INSTITUTIONAL STRENGTHENING OF THE NATIONAL FISHERMEN COOPERATIVE SOCIETY LIMITED. Manufacturing Assessment, CAPEX REPORT
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For the last 70 years, commercial fishing has been a major contributor to the Belizean economy. The colony of British Honduras began exporting fisheries products to the United States and neighbouring countries in Central America beginning in the early 1900s. Over the last thirty years annual exports of seafood have risen to an average of $20 million BZD and the industry has contributed on average of 3% - 5% to Belize’s GDP. Additionally, the artisanal nature of the sector lends that fishing is of significant socioeconomic importance for a large section of the Belizean society.