San Diego’s economic development is often seen in the light of the health of small business start-ups, research, or biotech industries.
But there may be another major economic engine lying in plain sight.
Some are calling it the blue economy.
“The blue economy has two primary components, the first is traditional industry so that’s everything we are familiar with as far as the maritime economy, shipbuilding, commercial fishing, sport fishing, is part of the blue economy,” said Rafael Castellanos, chairman of board of the Port of San Diego. “But so are other industries we are less familiar with… blue technology would include developing new medicines from marine life...Ocean waves are being used to develop wave energy.”
Castellanos recently wrote an op-ed about the ways San Diego's proximity to the ocean can help fuel the region's economic growth.
He joins Midday Edition Wednesday to talk about his vision for the future of the port of San Diego.
