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Albania
Fisheries
Albania's fishery industry, which was underdeveloped and poorly
managed, consisted of four state-owned fishing enterprises, sixteen
aquaculture enterprises, and two shellfish enterprises. The government
foresaw little trouble in privatizing all of the country's fishing
vessels but anticipated difficulty in selling off the three fish
canneries and the only shipyard servicing the fishing and coastal
transportation fleet. World Bank and European Community economists
reported that Albania's fishing industry had good potential to
generate export earnings because prices in the nearby Greek and
Italian markets were many times higher than those in the Albanian
market. Albania's coastal waters were overfished, and foreign
economists advised the Albanian government to protect its piscine
resources from illegal exploitation by vessels from other European
countries.
Data as of April 1992
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