Phu Yen pours over VND2.1 trillion into aquaculture
Authorities in the central coastal province of Phu Yen will spend nearly VND2.12 trillion (US$93 million) developing aquaculture from now until 2025.
These projects include building Long Thanh aquaculture infrastructure system, upgrading infrastructure for the Hoa An aquaculture production centre in Song Cau town, building a fishing port, a tuna auction market and a tuna processing factory with a capacity of 1,800 tonnes per year in Tuy Hoa city.
In Song Cau town, the province will also construct a frozen seafood processing factory with a capacity 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 at giving a boost to local aquaculture and production, contributing to developing the local economy.
The province has set a target of reaching an average growth of 5.2% per year from now until 2030.