Nghi Thuy Ward - Cua Lo Town: Implementing Decree 67/CP

(Baonghean.vn) - On the morning of September 29, 2014, Nghi Thuy Ward - Cua Lo Town held a conference to implement Decree 67 on supporting fishermen to build offshore boats for boat owners in the Ward.

Over 30 boat owners out of a total of 43 offshore fishing vessels in Nghi Thuy Ward - Cua Lo Town attended the conference. At the conference, the boat owners were introduced to the regulations of Decree 67.

Conference scene

According to Decree 67, in the case of building new steel-hulled ships, ship owners can borrow capital from commercial banks up to 95% of the investment value for ships with a capacity of over 400CV, with an interest rate of 7% per year, of which the ship owner must pay 1% per year of interest and the state budget supports 6% per year; in the case of building new wooden-hulled ships, the maximum support is 70% of the investment value with an interest rate of 7% per year, of which the state only supports an interest rate of 4% per year. The loan term is 11 years, in which the ship owner is exempted from interest in the first year and does not have to pay the principal...

At the Conference, delegates and fishermen discussed and proposed a number of ideas on fisheries development policies such as focusing on developing infrastructure, fisheries logistics services, storm shelters for boats, etc. With the desire to promote the development of the marine industry in Phuong Nghi Thuy to grow stronger and contribute to protecting the sovereignty of the islands of the Fatherland.

Hai Thuong– Nghe An Border Guard