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In response to the sharp drop in fish exports to China, Russia will once again invest heavily in fishery production in the Far East!

 Last Update: 2021-12-01
 Source: Internet
 Author: User

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As part of the second phase of the fishery investment plan, Russia plans to build another 30 fishing vessels (10 of which are large and medium tonnage fishing vessels for pollock and herring), a maximum of 35 crab vessels, and 8 large fishing vessels, as well as the Far East the fish processing plant (annual processing capacity of at least 80,000 tons)
.
The head of the Federal Bureau of Fisheries Shestakov announced the news during a meeting with the Deputy Prime Minister-Plenipotentiary of the Far Eastern Federal District
.

Shestakov said that this will provide additional income for the federal budget through auction of quotas, with an investment commitment of about 200 billion rubles, and attract about 300 billion rubles of investment to renew production assets and create up to 4,000 jobs
.

In addition, Rosrybolovstvo proposes to auction the remaining 50% of the crab quota that is generally allowed to catch and 100% of the most valuable seafood-scallops, trumpets, sea urchins and sea cucumbers to increase funds
.
Shestakov said that in addition to crab boats, it also plans to build cold storage facilities in the port because "logistics problems have become prominent
.
"

Rosrybolovstvo intends to implement the second phase of investment only in the Far East, because according to the results of the first phase, the production capacity in the North will be updated by 80%, while the capacity in the Far East will only be updated by 40%.
For this reason, the department proposes to allocate another 20% in the Far East.
% Of the investment quota is used to build ships and fish processing plants
.

In the past, Russia’s fishing quotas were allocated based on historical principles
.
The company’s quota depends on the amount of fish they caught in the previous period
.
In 2017, 20% of all quotas were used for investment purposes: in exchange for quotas, investors assumed the obligation to update the fleet and processing facilities
.
This will allow the construction of 54 ships and 24 fish processing plants
.

After the supply of fish to China (which accounts for more than half of Russia 's fish exports ) decreased, the shortage of domestic processing capacity became apparent
.
Therefore, the investment quota for the second phase was announced
.

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