Primorye fishing companies to get significant federal support

The Primorye fishing industry will get significant Federal support in 2009. According to Igor ULEISKIY, the vice-Governor of the Primorsky Territory, it is the first program on supporting of the fishermen in Russia and it is a great stride in the national fishing industry development; the press service of the Primorsky Territory Administration informs. In the framework of the Federal Purpose Program “Increase in the Efficiency and Development of the Fishing Industry Potential in 2009-2013” over 1.5 billion Rubles is to be allotted into 6 investment projects in Primorye. The funds will be allocated into the shipbuilding, development of the port infrastructure, refrigerating facilities, scientific research and water biological resources protection and reproduction. Igor ULEISKIY noted that the Primorsky Territory government also supports the Primorye fishing industry. So, the interest on loan for upgrading of the processing facilities is backed up at the expense of the Territory Budget. “Pacific Ocean,” the fishing artel and Brasko Company have already got the allotted money. According to the Governor’s decree any Primorye fishing company can get these funds. About 30mln Rubles have already been invested in the last 3 years. The Territory Government pays special attention to the mariculture cultivation. The rate of interest for developing of such companies is backed up both from the Territory and Federal budgets. The companies “Nereid” and “Water World” are among them.