EU funding for fisheries programme confirmed

Chea Vannak / Khmer Times No Comments Share:
EU ambassador George Edgar meets with Agriculture Minister Veng Sakhon. Supplied

On Monday, European Union ambassador George Edgar confirmed funding for a $98 million project to support the local fisheries sector from 2019 to 2023.

For in depth analysis of Cambodian Business, visit Capital Cambodia
.

During a meeting with Cambodian Agriculture Minister Veng Sakhon, Mr Edgar confirmed that the EU will provide the funds for the Capfish-Capture programme.

An agreement signing ceremony will be held in the near future, the Ministry of Agriculture announced in a press release.

. .

“We have been informed that the EU will provide the funds for this project that will help the fisheries sector. We now need time to finalise the project,” Srung Limsong, deputy director-general of the Fisheries Administration, said.

There are 516 fishing communities nationwide, with a total of at least 332,000 people. 474 of these communities are based near rivers and the rest in the coast, according to the ministry.

In 2018, total fish catches equalled 910,000 tonnes – 535,000 tonnes were freshwater fish, 121,000 tonnes were saltwater fish, and the rest came from farms. Fish exports amounted to 14,000 tonnes, according to the ministry.

Share and Like this post

Related Posts

Previous Article

Full-fledged digital economy not likely in the next decade: Minister

Next Article

Smart’s fund invests in local tech startups