British fishing and coastal communities will benefit from £360 million investment to drive growth and boost the sector for the future as the Government launches its Fishing and Coastal Growth Fund.
The Fund will invest in new technology and equipment to modernise Britain’s fishing fleet, deliver new training and skills to back the next generation of fishers and promote the seafood sector to export our high-quality produce across the world. The government will work with the industry to target investment where it matters most.
Secretary of State for Environment, Food and Rural Affairs, Steve Reed said:
The agreement reached today protects Britain’s fishing access, fishing rights and fishing areas with no increase in the amount of fish EU vessels can catch in British waters.
The Government is backing coastal communities by investing £360 million into our fishing industry, securing the future for the next generation of fishers and breathing new life into our coastal communities as part of the Plan For Change.
