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November 9, 2024 | 2 months ago
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The Ministry of Fisheries and Fisheries Productions plans to introduce performance contracts for the wilaya directorates to achieve the objectives of its 2025-2029 strategy. At the National Meeting to evaluate activities for 2024, Minister Ahmed Badani emphasized that these contracts would serve as action plans to develop key projects, notably floating cage and freshwater aquaculture, with enhanced support to investors.
The program includes:
-Activating concession contract committees and streamlining unfulfilled
projects.
-Promoting aquaculture product processing and packaging projects.
-Developing dedicated aquaculture zones and supporting shipbuilding, repair,
and maintenance.
-Introducing modern electronic navigation equipment for ship owners.
The government also supports the sector with incentives, such as VAT exemption
for aquaculture activities, authorization to import second-hand vessels and land grants in ports.
Finally, the digitization of the sector and professional training are priorities for modernizing and improving working conditions for professionals.
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