MONTfisheries, the fishing company of Mount Vema confirmed plans to build two modern fishing vessels to help the Vema Seamount Territory meet its 2025 fisheries exporting targets first announced by His Mount Vema Majesty’s Government in August.
MONTfisheries which is currently the only company licensed to fish within The Vema Seamount Territorial Waters said the two shipbuilding projects will be put to tender on January the 10th, 2019 to comply with a government policy introduced to promote competition.
The competition policy states that any project costing more than 50,000 golles must be open to everyone and contracts must be awarded to the best proposals. The policy was also introduced as part of The Vema Seamount Authority plan to build a society where you don’t make it because of who you know or where you come from, but because of your ability to get the job done.
The plans confirmed by MONTfisheries today is most likely to be welcomed by foreign shipyards who will be expected to bid for contracts. In a statement issued this morning, His Mount Vema Majesty’s government who first announced the plans in August to join the list of top fish exporting countries as part of a long-term strategy to help combat hunger with fish and fishery products, welcomed the announcement.
The Vema Seamount Territory plans to reach and maintain annual targets of 200,000+ tons by 2025, approximately 400 million golles of fish stocks from both capture and aquaculture, first got the support of MONTfisheries in August when the company signalled that it was onboard after instructing W-Contractors to search for companies to design and build its aquaculture installations in Mount Vema.