A project aimed at providing the traditional fishing sector with good quality fishing nets is finally taking shape in the district.
Chief Minister Oommen Chandy will lay the foundation stone for the factory at Muttathara, near here, on Tuesday. The project is estimated to cost Rs 30 crore and the annual capacity of the factory is 525 tonnes.
The net factory, which is also the first of its kind in Kerala under a government agency, will benefit fishing communities across the state, according to officials.
The project is being implemented by the state government supported by the Centre through its Rashtriya Krishi Vikas Yojana (RKVY). The state government had earmarked Rs 2 crore for the project in the 2012-2013 budget. The project is aimed at supplying the traditional fishing sector with good quality fishing nets. The project is coming up under the Kerala State Co-operative Federation for Fisheries Development Ltd (Matsyafed). The factory will come up on one hectare of land near the sewage farm at Muttathara.
The function is scheduled to be held at 6 pm on Tuesday. Fisheries and Ports Minister K Babu will preside over the function. Minister of State Human Resources Development Shashi Tharoor and Health and Devaswom Minister V S Sivakumar will also be present on the occasion.