Six million pounds cash boost brings new jobs to Scottish fisheries – Fishupdate.com

Six million pounds cash boost brings new jobs to Scottish fisheries Published:  12 October, 2005

ONE hundred new jobs are expected to be created as a result of a 6.5 million pounds funding boost to improve and modernise Scotland’s fisheries and aquaculture sectors.

Sixty seven Scottish businesses will benefit from grant awards under the Financial Instrument for Fisheries Guidance (FIFG) programme. The money will be partly used to modernise fishing vessels and improve port facilities.

Fisheries Minister Ross Finnie announced the awards earlier today ahead of the first meeting of the Sea Fisheries Advisory Group, part of the Executive’s Sustainable Framework for Sea Fisheries. He said:

“This is a further substantial commitment to the future of Scotland’s fisheries and aquaculture industries on top of 30 million pounds invested over the last five years.

“The scheme in the Highlands and Islands has been regularly oversubscribed with high quality bids and for that reason I have topped up the available EU FIFG aid with Executive funds to benefit a larger number of projects across Scotland.

“I am particularly delighted to announce support of improvements to facilities at Mallaig and Carradale harbours and the further expansion of cod farming facilities on Shetland.

“I am committed to a profitable and sustainable fisheries sector and see grant support as contributing to achieving this objective.

“The Sea Fisheries Advisory group can also help us to realise this goal by overseeing the successful implementation of the Sustainable Framework for Scottish Sea Fisheries.

This is the ninth round of FIFG awards which were introduced in 2000 and will run until the end of 2006. Over the period of the FIFG programme, 55 million pounds has been made available to Scotland (17 million pounds for the Highlands and Islands area and 38 million pounds for the rest of Scotland).

In addition to the FIFG awards totaling 4.21 million pounds, there will be a Member State back-up contribution. The Executive has committed 2.29 million for the projects to be supported by this round of awards.

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