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).

Under Government Decree 67/2014/ND-CP, which includes a programme on providing preferential credit to fishermen to build high-capacity steel boats for deep sea fishing, Ca Mau is allocated 100 projects to build 90 fishing ships and 10 logistics vessels. Applicants should be approved by the provincial authorities.

In addition, the province is focusing on aquaculture cultivation at sea, especially around islands, while enhancing investments in logistics centres. The move aims to create favourable conditions to develop the fishery sector sustainably.

In addition, numerous projects on building fishing ports and docks and dredging seaports have been carried out in the province, increasing the efficiency 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