Quyết định 821/TTg

Decision No.821-TTg of October 3, 1997 ratifying the investment project for building the offshore fishing fleet of the Thanh Hoa aquatic specialty service and development company.

To ratify the investment project for building the offshore fishing fleet of the Thanh Hoa aquatic specialty service and development company with the following principal content:

- Project owner: The Thanh Hoa aquatic specialty service and development company;

- Project location: Lach Hoi fishing harbor, Quang Tien commune, Sam Son provincial town, Thanh Hoa province;

- Total investment capital: 5,669,934 USD - the prescribed maximum level of the project�s investment capital;

- Capital sources: The ODA capital from the Danish Government and the domestic investment credit loan capital. The working capital of the project shall be allocated by Thanh Hoa province�s State budget and borrowed from commercial banks;

- Mode of execution:

+ Ship building: through domestic bidding;

+ Equipment procurement: with the Danish ODA capital, through limited bidding;

+ Other project units: shall be executed in accordance with the current regulations on the investment and construction management.

- Products: An annual fishing output is estimated at about 3,470 tons of various kinds of marine products, as well as processed marine products.

- Main investment items:

+ Domestic building of 8 to 10 fishing ships of 365 CV, incorporated with imported equipment;

+ An ice house, of an output of 9,000 tons/year;

+ A cold storage, of a capacity of 1,160 tons/year.- (Summary)