"A lot of decisions made are based on gut feeling or what ancestors have been doing for the past 60 years," says one startup's co-founder and CEO.
But there's another reason: A "technology gap" is holding the industry back from realizing its vast potential, according to investors and startups that CNBC spoke to.
Small-scale fisheries make up about 90% of the total number of fishers, according to the Marine Policy journal of ocean policy studies."In terms of productivity and efficiency, they are still very traditional," Aslam said.
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The story "Indonesia's seafood farming industry faces a 'technology gap' — and startups are raising big bucks to fill it" was covered 1 months ago by CNBC, a news publisher based in United States.
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