Conference to seek solutions for establishing 5 fisheries centers opened

The General department of Fisheries, Ministries of Agriculture & Rural Development and Investment in coordination with Danang City People’s Committee co-held conference to discuss solutions for investment promotion in fisheries center in the central city of Danang on August 11.

Conference to seek solutions for establishing 5 fisheries centers opened

In the 2010-2017 period, the Vietnam’s Seafood Industry reached the average growth rate of total production value of 4.7 percent per year. In 2017 alone, total output achieved over 7.2 million tons; export turnover was US$ 8.3billion.

As plan, total investment capital in the seafood sector’s infrastructure development in the 2016-2020 is expected to reach about VND 49,3trillion.

In order to reach the seafood industry’s general development plan by 2020 and vision 2030 and to implement the government’s strategy in establishing five fisheries centers in major fishing grounds, Vietnam’s seafood industry needs to call for the involvement of private units, investment projects under public private partnership (PPP), having the participants from foreign investors, expanding for private sector to use ODA capital and preferential loans in seafood instructure development projects…

LE NGUYEN –Translated by Kim Lien ​

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