Mati City fish port secures full funding - BusinessWorld Online

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Mati City fish port secures full funding - BusinessWorld Online
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Mati City, capital of Davao Oriental province, has secured the full P150-million fund needed to complete its fish port complex project, the mayor announced on Friday. READ:

MATI CITY, capital of Davao Oriental province, has secured the full P150-million fund needed to complete its fish port complex project, the mayor announced on Friday.

Mayor Michelle N. Rabat, in a statement, said another P2 billion has been approved under the Department of Public Works and Highways for a 2.25-kilometer coastal highway and access road to the port.s Office as to the final details, prioritization, location, and other logistical support for the realization of these mega projects,Construction of the five-hectare Mati City Fish Port complex started in June 2021 with an initial P75-million budget from the Philippine Fisheries Development Authority.

Coconut has been the main agricultural commodity of Mati, as in the rest of Davao Oriental, but various diversification programs have been launched in recent years, including aquaculture and cacao.

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