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A total of $21.16 million has been allocated to the Fisheries Division of the Ministry of Agriculture and Land to continue activities in the area of offshore fishing, inland fishing, and to further the CARICOM Fisheries Resource Assessment and Management programme.
The sum has been set side in the 2006/07 Estimates of Expenditure, now before the House of Representatives.Offshore fishing will benefit from $7.5 million to develop and manage the fishing industry through the promotion and implementation of sustainable fisheries management practices.
The project to develop inland fishing will receive $7.661 million. This project is concerned with aquaculture training for fish farmers and staff at the aquaculture unit; conducting experiments into the growth and nutrition of tilapia; and conducting research into the propagation and production of ornamental fish.
Meanwhile, the CARICOM Fisheries Resource Assessment and Management Programme, which is jointly funded by the Canadian International Development Agency (CIDA) and the International Organization for Chemical Sciences in Development (ICOD) will receive $6 million to encourage the sustainable development and management of the fisheries sector of the CARICOM/Caribbean region.