Japan and Portugal provide financial support for Cape Verde port facilities

6 September 2007

Praia, Cape Verde, 7 Sept – Japan has granted a donation of 360 million yen to Cape Verde to be used to expand the facilities of the fishing port of Mindelo, on Sao Vicente island, the Cape Verdean Foreign Ministry said in Praia Wednesday.

According to a statement, the loan was made official at the Japanese embassy in Dakar, Senegal and was signed by the ambassadors of the two countries to Senegal.

The work, according to the Cape Verdean government, is aimed at solving the problem of the lack of supply of ice to fishing boats that operate around Sao Vicente.

In the port of Mindelo, new facilities will be built and new equipment acquired, thus making it possible to preserve and export the fish, “to European Union countries.”

The Japanese government had already financed two projects in the fishing sector, the expansion of the fishing port in Praia, opened in 2004, and of the Mindelo fishing port.

Portugal is also to support Cape Verde by financing part of the project for expansion and modernisation of the port of Praia, which is being carried out and financed by Cape Verde’s MCA (Millennium Challenge Account).

The MCA-CV has already provided US$50 million for expanding this facility.

Cape Verde’s director-general for tourism, Rosa Pinheiro, who will signed the document for the aid in Lisbon, said that the funding, for which she declined to reveal the amount, was also earmarked for work on the airports of Sao Vicente and Boa Vista. (macauhub)