The establishment of Konsortium Perikanan Nasional Berhad (KPNB) is an initiative of the Malaysian Government, carried out via the Ministry of Agriculture and Agro-Based Industry. It is a National Project which is spearheaded by the private sector, and is tasked to play a key role in the development of the fisheries industry in the country in the new millennium, and thus be a partner with the government to facilitate the achievement of the NAP3 (1998 – 2010).
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