Taiwan aquaculture professionals are urging the Taiwanese government to fund a pilot fish farming project in Majuro Atoll that could feed live fish into Asian markets.
Two professors say they see great potential for raising humpback and coral grouper fish in Majuro lagoon because these fish in particular command a very high price.
Their proposal to Taiwan's International Cooperation and Development Foundation is to establish a hatchery to grow baby fish known as fingerlings.
The next step would be to set up cages to grow the fish in Majuro lagoon.
The initial goal would be to produce 20 tons of fish to make shipment of the fish profitable, given high transportation costs.