Of those, 178 fishing ports capable of handling over 2.1 million tonnes of seafood each year will be constructed along the coast of the targeted localities and the remainder will be built on islands, which are capable of unloading 215,000 tonnes of seafood per annum.

In the first phase running to 2012, the project will prioritise the construction of key fishing ports as well as those, which are also used as shelters for fishing boats.

From 2013 onwards, it will build key fishing ports in line with the country’s overall planning and upgrade a number of fishing ports accessible to international ones.

Funding for the project will be sourced from state and local budgets, domestic economic sectors, and foreign investment inflows.