$US25 million fish project [Archives:2005/829/Business & Economy]
March 31 2005
Minister of Fisheries, Dr. Ali Mohammed Majwar, has discussed preparations for the fifth Fish Project with a delegation from the World Bank.
This project will play a key role in developing Yemen's significant fisheries potential, and helping to reduce poverty and improve living standards.
Dr. Majwar confirmed that the cost of the first stage of the project was US$25 million, and has been financed by the World Bank, the European Union and the Yemen Government.
It will establish research stations and marine feeding centers along the coast.
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