The investment would see $1 million a year for two years for a Wild Fisheries Action Plan to support the sector with initiatives like improving boats, adopting new technologies, skilling workers and value adding, as well as developing markets and supply chains, including supporting the Eat More Seafood campaign.

Emerging marine industries would see an investment of $250,000 over two years.

The oyster industry would receive $350,000 for immediate levy relief, with $150,000 over three years towards the Tasmanian Seafood Trails site.

The development of Aboriginal cultural fisheries would also be aided with $250,000 over the next two years.

Incumbent Lyons MHA Guy Barnett said Tasmania's wild fisheries were an integral part of the economy, worth around $187 million per year and supported hundreds of jobs.

"They've done it tough during COVID-19," he said.

"Those jobs in those industries are particularly in regional communities, and that's why as a government we've wanted to support the industry during those tough times.

"It's also important to the Tasmanian brand - our reputation as a state of being clean, fresh, pure and natural, the seafood industry is part of that, so we want to build on that and support the industry going forward for the years to come."

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The announcement was welcomed by the industry.

Tasmanian Seafood Industry Council chief executive Julian Harrington said members were "doing it tough" as they began to recover from the impacts of the COVID-19 pandemic, with market chains still disrupted.

"We want to make sure our members have safe boats, competent crew, skilled crew, and most importantly a product to market for our product once we've caught it, and this announcement will provide great support for the seafood industry to achieve these things," he said.

"There's a big adjustment that has to happen, these people's business plans have been turned upside down, there's a whole bunch of stuff and support that they need to consider to ensure they have a future in the industry."

Mr Barnett said the government would work in conjunction with industry stakeholders to see the funds distributed.

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