The Prime Minister has approved the construction of a major fishing centre in the central coastal province of Khanh Hoa as proposed by the local People’s Committee.

The Government leader tasked local authorities to work with the Ministry of Agriculture and Rural Development to complete the investment procedure in accordance with the Law on Public Investment and list the project in the mid-term investment plan for 2016-2020.

He designated the provincial People’s Committee to select a consultative unit to map out an investment plan for the project.

According to the national strategy for fisheries development through 2020, Vietnam is scheduled to develop five fishing centres in major areas, including Khanh Hoa province.

Khanh Hoa boasts advantages in natural conditions, geography, infrastructure and human resources; a strong capacity to attract financial resources and increase the added value of aquatic products; and unified development planning, strategies and policies.

Additionally, the local seafood industry plays a significant role in the south-central regional economy and national defence and security, according to the Ministry of Agriculture and Rural Development.

The locality and other central provinces including Binh Dinh, Phu Yen, Ninh Thuan and Binh Thuan will support one another to develop sustainable fisheries by exchanging information and experience in shipbuilding, cultivating and aquatic processing.-VNA