December 14, 2016 | 21:07 (GMT+7)
Khanh Hoa to build fisheries center
The Khanh Hoa provincial People's Committee has approved the construction of a major fisheries center for the coastal south central region.
Da Bac fishing port, Cam Ranh city. Photo: khanhhoa.gov.vn
Covering 65 ha at Da Bac fishing port in Cam Ranh city, the VND 1.2 trillion (USD 52.9 billion) center is set to be biggest and most modern in the central region once operational.
About VND 276 billion (USD 12.1 billion), which was mobilized from State budget and Japanese loans, will be used to upgrade Da Bac fishing port as a component of the project.
Meanwhile, the French Development Agency (AFD) has agreed with Khanh Hoa’s proposal on a loan of VND 423 billion (USD 18.6 billion) to build a dynamic fishing port as part of the province’s proposal.
The center is expected to house 120,000 tons of seafood via seaports when it becomes operational in 2018.
It will also accommodate vessels with capacity up to 2,000CV and provide storm shelter for over 2,000 fishing boats.
Source: VNA