Tamkeen extends support to more Fishermen
Manama, August 20, 2013
Tamkeen, Bahrain’s labour fund, has extended its support to an additional 1,000 Bahraini fishermen.
The Bahraini Fishermen Support Scheme is one of many support programmes Tamkeen offers as part of its efforts to boost the capabilities of private sector enterprises in Bahrain.
The scheme enables Bahraini fishermen to upgrade their machinery and equipment by subsidising 80 per cent of their cost, with a maximum grant of BD3,000 ($7,920) for boat owners and BD 5,000 for dhow owners, said a statement.
The additional 1,000 beneficiaries will bring the total number of fishermen expected to be served through the scheme to 2,100 fishermen, it said.
All Bahraini fishermen with a valid license from the Agriculture and Marine Resources Affairs can apply at Ebdaa Bank’s Budaiya branch to benefit from this scheme. The scheme also allows fishermen to benefit again from the programme after two years.
Mohammed Bucheery, Tamkeen acting VP for Private Sector Support, said: “The fisheries industry is a critical element when it comes to the food security of the kingdom, and is among the earliest professions in Bahrain.”
“Working with our stakeholders, Tamkeen created this scheme to enable Bahraini fishermen to adapt more modern and effective methods which will make their business more prosperous and sustainable and contribute to national economic growth,” he added.
Launched in 2009, the scheme has already been extended twice before due to high demand. 905 Bahraini fishermen have been served through the scheme as of December 2012, with Tamkeen’s total contribution totalling in excess of BD3.4 million. - TradeArabia News Service
More Industry, Logistics & Shipping Stories
- Legalising timber products trading in focus
- Experts to discuss aviation issues at Abu Dhabi summit
- Gulf Marine Services makes muted London debut
- Emal to supply molten aluminium to Ducab unit
- Ducab acquires British cable firm
- Emirates SkyCargo wins top awards
- Bayer opens new coatings, adhesives lab in Dubai
- Chep Aerospace unveils new ULD mobile app
- Cargo summit calls for cut in transit times
- Dubai bus fare cheapest among top cities
- DHL Express boosts Mideast fleet
- DNV to re-certifiy Drydocks World services
- Amphibious boats make global debut in Dubai
- Qatar sets up mixed business incubator
- Non-oil sectors ‘biggest contributors to UAE economy’
- Alba educates customers on best practices
- Spinneys to set up distribution centre at Kizad
- Maritime courses draw more trainees
- Dow to showcase at Dubai coatings expo
- UAE aluminium sector backs Syria refugees
- Asry in big vessel repair milestone
- Flare, Jordan form parent company ‘Aereon’
- Drydocks delivers second MCV for US
- ASIS launches amphibious leisure boat
- Taskforce sought to develop Saudi downstream sector
- DP World launches $200m India project
- RAK 'exploring' ceramics unit stake sale
- Mideast carriers top global air freight growth
- DMCA launches maritime solution apps
- Saudi plans oil-to-chemicals plant at Yanbu