May 22, 2018 /3BL Media/ - PT Freeport Indonesia (PTFI), a Freeport-McMoRan company, has an extensive Community Economic Development program in the region where it operates in Papua, Indonesia.
Mangrove crabs (Scylla serrata) commonly called ‘Karaka’ by locals in the coastal Mimika Regency of Papua, Indonesia, is a coastal fishery commodity. Karaka are large and meaty crabs, and are an economically important species of crab that are found in estuaries and mangroves.
PTFI’s Fishery Empowerment program is a partnership between PTFI’s Social Local Development Department and the Mimika Regency government, the Mimika Diocese, USAID, the Amungme and Kamoro development fund (LPMAK), and other foundations such as Crab Ball Indonesia.
The program benefits fish industry entrepreneurs from 14 coastal villages in Mimika, and develops the mangrove forest crab aquaculture. The crab cultivation methods promotes local economic development while at the same time conserving wildlife endemic to Mimika. The programs offered provide facilities and infrastructure to local fish harvesters, facilitates access to markets, and provides capacity building.
To learn more about how Freeport-McMoRan supports the communities in which it operates, please visit fcx.com and freeportinmycommunity.com.
Please see the 2016 Working Toward Sustainable Development Report for more information on all of their social, economic and environmental efforts.
KEYWORDS: mangrove forest crab aquaculture, PT Freeport Indonesia, Mangroves, estuaries, karaka, capacity building, indigenous fishers, NYSE:FCX, Freeport-McMoRan