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Fund for Kiribati coastal project
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Tuesday, September 02, 2008
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Fund for Kiribati coastal project
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The European Commission has endorsed a Contribution Agreement between the Government of Kiribati and the Pacific Islands Applied Geoscience Commission (SOPAC) for F$5.24 million in order to facilitate the development of an environmentally sustainable aggregate supply company in South Tarawa, Kiribati. An EC/SOPAC joined statement says the initiative is designed to ease pressure on the island’s fragile shores and beaches which are presently used as the main sources of aggregates for building and development. The main objective of the project is to develop environmentally safe sources of aggregate including dredging aggregates from the lagoon bed. Funded by the 9th European Development Fund, this project will be implemented over the next three years by SOPAC in conjunction with the Government of Kiribati.
Source: Fiji Daily Post News |
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