Financial assistance for purchase of large fishing vessels
The Government of Sri Lanka is improving off-shore and deep-shore fishing by introducing more sophisticated and larger vessels into the Sri Lanka waters, together with the offer of subsidies, tax holidays and other concessions to those who seek to operate such fishing vessels. As a first step, some thirty 38 foot class fishing vessels are to be introduced. The requisite variety and quantity of fishing gear is supplied together with the vessels, and operators will be given further assistance to either export or market their catches locally by provision of insulated fish transport vans, jeeps with trailers, crushed ice plants, fish storage cabinets and adequate spares for at least the next few years. A description is given of the credit terms offered for the purchase of such vessels, pre-shipment finance, and loans and hire purchase facilities.
| Main Authors: | , |
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| Format: | article biblioteca |
| Language: | English |
| Published: |
1978
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| Subjects: | Fisheries, fishing vessels, financial resources, financial assistance, fishery development, Sri Lanka, |
| Online Access: | http://hdl.handle.net/1834/32878 |
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