FISHING PORT

closed

The project would include construction, at Punta Vacamonte, of a fishing port with a protective breakwater, a dredged access channel, 10 berths for shrimp trawlers, four berths for tuna clippers, adequate quays for berthing inshore fishing vessels and for servicing trawlers, a ship repair berth and yard, buildings for shrimp processing and tuna cold store plants, a fish market, administrative and other offices, storage areas, roads and utility services within the port area; provision of consultant services for design and supervision of construction and technical assistance in port operation and management; and a training program for the staff of the Port Authority. The proposed loan of US$24 million would finance the foreign exchange cost of the project plus interest during construction. Remaining costs would be financed with Government contributions to APN.