Despite several initiatives to tap into the blue economy of Bangladesh, lack of authentic secondary data and overfishing mean that none of the plans have seen light, speakers said at a virtual webinar on Thursday.

Emphasising on the need for sustainable fishing management, speakers at the webinar titled “Blue economy: Realising the potential of marine fishing sector”, also said Bangladesh needs a marine special plan and proper research survey vessel to boost the blue economy.

At the event organised by Chittagong Chamber of Commerce and Industry (CCCI), chief guest Planning Minister MA Mannan said the potential of the blue economy in Bangladesh remained underutilised because of lack of technical and financial support.

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