Phu Yen pours over 2.1 trillion VND into aquaculture
Updated : Thursday, January 11, 2018 3:39 PM (GMT+0700)

Authoritiesin the central coastal province of Phu Yen will spend nearly 2.12 VND trillion(93 million USD) developing aquaculture from now until 2025.

Phu Yen pours over 2.1 trillion VND into aquaculture – Photo: VNA

According to Vice Chairmanof the provincial People’s Committee Tran Huu The, the master plan on fisheriesdevelopment by 2025 with a vision toward 2030 will involve aquaculture, harvestand processing and building infrastructure for fishing logistics, includingbreed stock production.

From now until 2020, theprovince will invest more than 1.45 trillion VND (64 million USD) in conducting13 key projects that aim to boost sustainable fisheries development.

These projects includebuilding Long Thanh aquaculture infrastructure system, upgrading infrastructurefor the Hoa An aquaculture production centre in Song Cau town, building afishing port, a tuna auction market and a tuna processing factory with acapacity of 1,800 tonnes per year in Tuy Hoa city.

In Song Cau town, theprovince will also construct a frozen seafood processing factory with acapacity of 3,500 tonnes per year and a factory to produce feed for lobsters,which can make 1,000 tonnes per year.

The master plan is aimed atgiving a boost to local aquaculture and production, contributing to developingthe local economy. 

The province has set atarget of reaching an average growth of 5.2 percent per year from now until2030.


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