The operational program for March 2020 reached 69.5% completion through August, with 7,026 projects completed or underway, which involved an investment of 735 million euros, it was announced.
As of August 31, in the Mar 2020 program, 7,026 projects are completed or in execution, which involved an investment of 735 million euros in the fishing sector, of which 69.5% has already been executed”, he said in a statement.
The commitment rate of the program is 100.8%.
Mar 2020, which is part of Portugal 2020, aims to implement support measures within the framework of the European Maritime and Fisheries Fund (EMFF), having among its priorities the promotion of competitiveness and economic, social and environmental sustainability, as well as how to increase territorial cohesion.
This program has a global allocation of 504.2 million euros, of which 111.7 million euros correspond to the national public contribution, which comes from the General State Budget.
Source: Observadora