Logo of Phnom Penh Post newspaper Phnom Penh Post - EU to provide $135M fishing industry grant

EU to provide $135M fishing industry grant

Content image - Phnom Penh Post
Fishermen collect fish that were scooped up by ‘dai’ or stationary bag nets along Tonle Sap river last year. Hong Menea

EU to provide $135M fishing industry grant

The EU will provide the Cambodian government with a more than $100 million grant to promote the country’s fisheries sector, Prime Minister Hun Sen said on Monday.

The announcement was made on the Prime Minister’s Facebook official page after he met with outgoing EU Ambassador to Cambodia George Edgar.

The grant is set to be officially signed on Wednesday.

Ministry of Agriculture, Forestry and Fisheries spokeswoman Srey Vuthy told The Post that the EU will provide a $135 million grant to be used for two projects.

The first project, which began last year and is set to promote the growth of inclusive sustainable fisheries, will receive $39 million over a six-year period until 2023, with approximately $5.5 million of the total granted by Agence Francaise de Developpement.

The second project is set to promote conservation and sustainable fishing across the whole sector, including both freshwater and seawater fishing, and will receive more than $96.6 million over five years until 2023.

“These grants will help drive the growth of aquaculture, as well help attract investors in aquatic production,” he said.

Om Savath, Fisheries Action Coalition Team Executive Director, said that the EU’s assistance will contribute to the protection of fisheries resources in the Kingdom.

“I think that this fund will make a significant contribution to state institutions and civil society organisations so they have more ability to help protect and conserve fisheries resources,” he said.

Cambodia has little capacity in the aquatic farming sector as it relies solely on naturally occurring fish rather than farmed fish, so the fund will help to improve this, he said.

Savath said that while authorities have been cracking down on fishing offenses over the past three years, law enforcement in this area remains limited.

“We see that the authorities have good cooperation with communities to patrol in protected areas, but enforcement of the law is loosening,” he said.

MOST VIEWED

  • PP massage parlours raided, 29 suspects held for prostitution

    The Phnom Penh municipal Military Police on Sunday raided four massage parlours in Por Sen Chey district and detained 29 suspects for questioning over their alleged involvement in prostitution. Deputy municipal Military Police commander Pu Davy on Monday said the four massage parlours were located near

  • PM: All 10 Asean countries to receive Rainsy arrest warrants

    Prime Minister Hun Sen said on Thursday that all 10 Association of Southeast Asian Nations (Asean) member states will receive warrants for the arrest of Sam Rainsy. The warrants have already been sent to Laos and Thailand. He was speaking at a joint press conference at

  • Overtourism still threatens Angkor Wat

    Ticket sales to the Angkor temples are down. An Angkor Enterprise report has revealed that ticket sales to the Angkor Archaeological Park dropped by more than 11 per cent from the same period last year. Prime Minister Hun Sen isn’t concerned. He told journalists that

  • Human rights report biased, says Cambodia

    Cambodia has accused the 42nd session of the Human Rights Council in Geneva, Switzerland on Wednesday of having “undermined the principle of objectivity”. In a statement issued on Tuesday, the Permanent Mission of the Kingdom of Cambodia to the UN said the Office of the