VND8 trillion to invest in developing 211 fishing ports

Prime Minister Nguyen Tan Dung has approved an VND8 trillion project designed to build a total of 211 fishing ports in 28 coastal provinces and cities throughout the country from now until 2020.

Of those, 178 fishing ports capable of handling over 2.1 million tonnes of seafood each year will be constructed along the coast of the targeted localities and the remainder will be built on islands, which are capable of unloading 215,000 tonnes of seafood per annum.

In the first phase running to 2012, the project will prioritise the construction of key fishing ports as well as those, which are also used as shelters for fishing boats.

From 2013 onwards, it will build key fishing ports in line with the country’s overall planning and upgrade a number of fishing ports accessible to international ones.

Funding for the project will be sourced from state and local budgets, domestic economic sectors, and foreign investment inflows.

Tags: Vietnam fishing, Vietnam fishing ports

Posted by VBN on Mar 17 2010. Filed under Infrastructure. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry