JAPAN APPROVES FISHERIES DEVELOPMENT GRANT FOR MARSHALL ISLANDS

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MAJURO, Marshall Islands (July 9, 1999 - Radio Australia)---Japan has approved, in principal, a $3 million grant to help set up a community-based commercial fishing operation on remote Jaluit atoll in the Marshall Islands.

The Marshall Islands Marine Resources Authority is seeking to add a new atoll to the four that already have been developed with the aid of Japanese funding.

The proposal involves developing a fish handling facility on Jaluit's main island, Jabor, with cold storage, fish processing and marketing facilities.

The authority's deputy director, Danny Jack, said the project's goal is to boost income earning opportunities among remote islanders.

Japanese funding is expected to be approved in Tokyo later this year.

For additional reports from Radio Australia, go to PACIFIC ISLANDS REPORT News/Information Links: Radio/TV News/Radio Australia.

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