Agriculture, Fisheries and Conservation Department


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Technical support, training, liaison services and financial assistance

Financial Assistance

Fisheries Development Loan Fund

A revolving fund established by Government in 1960 to facilitate the sustainable development of the fishing industry.

Objectives :
  1. to provide one-off loans to owners of trawlers and fish collectors affected by the trawl ban, if the application is submitted on or before 31.12.2015, for upgrading their vessels to operate outside Hong Kong waters or switching to more sustainable fisheries operations and other fisheries-related operations, or for carrying out projects that will reduce fuel consumption or carbon footprint of their operations (without increasing fishing effort) develop aquaculture or improve their aquaculture businesses leading to more environmentally friendly operations or an improvement of the quality and food safety standards of the aquaculture products.;

  2. to provide loans to capture fishermen and owners of fish collectors for switching to more sustainable fisheries operations and other fisheries-related operations, and for carrying out projects that will reduce fuel consumption or carbon footprint of their operations (without increasing fishing effort); and

  3. to provide loans to fish farmers to help them develop aquaculture or improve their aquaculture businesses leading to more environmentally friendly operations or an improvement of the quality and food safety standards of the aquaculture products.

     

Qualifications
of Applicant
:
  1. applicants for loans to capture fishermen and fish collector owners must be Hong Kong residents and local fishing vessel or fish collector owners, holding valid licences necessary for their operations, such as Vessel Operating Licence and Certificate of Ownership of a Class III vessel issued by the Marine Department; or locally registered fisheries co operative societies / companies, the majority of their members / shareholders are local capture fishermen fulfilling the afore-mentioned criteria; and

  2. applicants for loans to aquaculture operators must be Hong Kong residents, holding valid licences necessary for operating their aquaculture businesses, such as Marine Fish Culture Licence issued by the Agriculture, Fisheries and Conservation Department (the Department); or locally registered fisheries co operative societies / companies, the majority of their members / shareholders are local aquaculture operators fulfilling the afore-mentioned criteria.

Subject to the applicant –

(i) submitting an application including a proposed loan amount which is supported by the Director of Agriculture, Fisheries and Conservation;


(ii) being able to contribute from his own resources an amount acceptable to the Director of Agriculture, Fisheries and Conservation, such amount being not less than 10% of the total cost of the project for which the loan is required; and

(iii) agreeing to the terms under which the loan is issued.

Application Form ( Fishing Vessels and Fish Collectors ) - Chinese only

Application Form (Pond Fish and Marine Fish Culture) - Chinese only

[Download Acrobat Reader to open PDF document]

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Last Review Date : 21 July 2017