Feasibility study for fisheries development project in Hurghada, Red Sea Governorate, Arab Republic of Egypt
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منظمة الأغذية والزراعة ;
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As part fulfillment of the objectives of the UNDP/FAO project for development of fisheries in areas of the Red Sea and Gulf of Aden (RAB/77/008), the project is to identify and prepare economic and investment-oriented studies through the formulation of several feasibility studies aiming at development and modernisation of fisheries in the participating countries, of which the Arab Republic of Egypt is a member. In this context a technical and economic feasibility study is prepared to develop the activities of the already existing Fish Wealth Development Project in Hurghada, Red Sea Governorate. The study deals with the optimum utilization of the assets of the liquidated Southern Fisheries Company (currently the assets are being employed as a fish production unit by the Red Sea Governorate under the name Project for development of Fish Wealth in Hurghada), and the expansion by adding new fishing units and some necessary and vital shore facilities to develop productive, servicing and mar keting activities. To this effect a project complete with economic and financial analysis and evaluation has been prepared.