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Supporting local fisheries The FMO channels back its surplus earnings to support the development of the local fishing industry by way of providing low-interest loans to fishermen, improving its markets’ services and facilities and providing training grants and scholarships for fishermen and their children. Since 1946, the FMO has set up the Fish Marketing Organization Loan Fund to provide credit assistance to fishermen for production and development purposes. In addition, the FMO has set up the Marine Fish Scholarship Fund to offer scholarships and grants for the education and training of persons employed in marine fisheries and fish marketing industries in Hong Kong, their family members, and persons who wish to enter marine fisheries and fish marketing industries in Hong Kong. The Fund is administered by its Trustee (the Director of Marketing) on the advice of the statutory Marine Fish Scholarship Fund Advisory Committee.
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