To conserve, protect and sustain the management of the country's fishery and aquatic resources;
To alleviate poverty and provide supplementary livelihood among municipal fisherfolk;
To improve productivity of aquaculture within ecological limits;
To utilize optimally the inland fishery and aquatic resources; and
To upgrade post-harvest technology.
A modernized fishery industry that is sustainable, technologically advances and globally competitive,
its transformation guided by sound management practices and tempered by
the principle of social justice and strong private sector participation.
To contribute to national food security;
ensure rational and judicious development;
sustainability and conservation of the country's fisheries resources including the EEZ and adjacent territorial waters;
reduce poverty incidence in the coastal areas; and
enhance fisherfolk empowerment.