Big Catch

The Ministry of Fisheries is pushing for new infrastructure to harbour foreign vessels fishing in international waters off Sri Lanka.

Thernproposal along with a number of other projects is part of a ten year plan setrnout by the Ministry to tap the potential of the industry in its 2002 NationalrnFisheries Policy, Development Plan and Progress report. rnrn

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However,rnMinistry officials say funding sources for the projects are dry, with manyrninvestors seeking government guarantees for investments. rnrn

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Thernpotential of the seas however remains as the marine resources in the IndianrnOcean are one of the few regions where fish stocks are under exploited. rnrn

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