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Ca Mau fishermen access shipbuilding loans

The southernmost province of Ca Mau has declared 18 fishing ship building projects will be eligible for loans from the Government worth 145 billion VND (6.7 million USD).
The southernmost province of Ca Mau has declared 18 fishing shipbuilding projects will be eligible for loans from the Government worth145 billion VND (6.7 million USD).

Under Government Decree67/2014/ND-CP, which includes a programme on providing preferentialcredit to fishermen to build high-capacity steel boats for deep seafishing, Ca Mau is allocated 100 projects to build 90 fishing ships and10 logistics vessels. Applicants should be approved by the provincialauthorities.

In addition, the province is focusingon aquaculture cultivation at sea, especially around islands, whileenhancing investments in logistics centres. The move aims to createfavourable conditions to develop the fishery sector sustainably.

Inaddition, numerous projects on building fishing ports and docks anddredging seaports have been carried out in the province, increasing theefficiency of local fishing.

By 2020, the province will upgrade five fishing ports and six docks to meet the demands of the locality and its vicinity.-VNA

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Poldi Sosa Schmidt, President of the Argentina – Vietnam Cultural Institute (ICAV). (Photo: VNA)

🍨 President Ho Chi Minh – Visionary founder of Vietnamese revolutionary press

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