Aquaculture and Shrimp Farming in the UAE with Regards to Management - Dissertation Example

Aquaculture and shrimp farming have been found to have significant impacts on the economy of a country in recent times. This is primarily supported by the lowering of prices of the fish products including shrimps. This has led to the increasing demand for the product thus giving huge opportunities for aquaculture companies to improve their supplies and performances increasing their business profits. A detailed study on the literature of the industry, as well as the shrimp farming facilities, have been conducted in the process and primary research based on certain responses have also supported the hypotheses of the study and come to the conclusion that the shrimp farming in the present times is a significant business opportunity.

The UAE being able to provide the industry with an efficient environment should incorporate the processes of shrimp culture in their aquaculture processes. Different models are available that can enhance the marketing and management policies if these companies thus increasing the market potential of the companies and gaining competitive advantages over other countries.Aqua Culture has always had a very significant place in UAE and it still continues to remain an important part of this country.

There are proofs of its existence even some 7500 years back when it was used to support the then prevalent traditional way of living. Even today, it is a vital source of earning, food and nutrition as well as recreational opportunities for many citizens. As a result of growth in global demand for fishery and other marine products, a huge increase in the use of marine resource bases in UAE during the past three decades has been seen. Huge investments in the traditional fishing sector have been made and alongside that, the growing tourism industry has also increased the usage of these resources for recreational purposes.

The growing usage of these marine resources has led to many questions pertaining to the sustainability of these resources.