The contract for the project, which will be finalised this week, targets a government contribution of about 40 mln eur in direct subsidies and about 5 mln in tax credits.
Ground breaking for the project will start in August.
Source: Forbes
Pescanova to invest 350million Euros In Aquaculture Plant
PORTUGAL - Pescanova SA will invest about 350 mln eur in a Portuguese aquaculture plant, which will be backed by the Portuguese government with about 45 mln eur in subsidies, daily Jornal de Negocios reported, without citing sources.