Funding Approved for Development of Artisanal Fisheries Programmes

The plan was approved at a council session.

Directors gave the green light to the use of $1,800 million allocated by the National Fund for Regional Development (FNDR), along with another $1,200 million from the Artisanal Fisheries Development Fund (FFPA) and Fishery Management Fund (FAP), to enable the funding of both programmes.

The first programme, called "Development and Investment Seafood", seeks to strengthen the capacities and investments in productive activities.

The second programme, "Scaling Fund productive Artisanal Fisheries", is intended to support the formation of poles of development, through the realisation of projects of scaling production and trade.

With the development of these initiatives, the plan is to improve the income of fishermen, creating new jobs, leveling skills, higher standards in the management of marine products, and above all, a better quality of life for fishermen and their and families, said the regional director of Sernapesca.