Ca Mau (VNA) – As much as 536 billion VND (23.1 million USD) will be spent on a fisheries sustainable development project in the southernmost province of Ca Mau’s four districts for the 2025-2029 period.
Of the total investment, 390.2 billion VND comes from the World Bank’s official development assistance, 273 billion VND from the State, and 145.8 billion VND from the locality’s corresponding fund.
Under the project, upgrade will be made to the Rach Goc fishing port in Ngoc Hien district, while infrastructure will be developed for bio-safe shrimp farming and sustainable aquaculture in Dam Doi, Cai Nuoc, and Phu Tan districts.
A focus of the project is to build a value chain and brands to improve productivity in three farming areas in Tan Duc and Ta An Khuong Dong communes of Dam Doi district, Dong Thoi commune of Cai Nuoc district, and Phu Tan and Phu My communes of Phu Tan district.
According to Vice Chairman of the provincial People’s Committee Lam Van Bi, the project is designed to bolster the local fisheries sector’s sustainability and its extensive international integration, as well as promote its climate resilience and environmental protection through developing infrastructure, renewing technologies, and enhancing management and production capacity.
Taking fisheries as its economic spearhead, Ca Mau has paid due attention to capitalising on the locality’s strengths and potential, said Deputy Director of the provincial Department of Planning and Investment Tran Cong Khanh, adding the project is expected to bring about huge economic, social and environment efficacy, with more jobs to be generated and incomes and local livelihoods improved./.
