In­vest­ing in Fogo

Tourism, fish­ery in­dus­tries tar­geted for de­vel­op­ment

The Beacon (Gander) - - Front page - BY JOSH HEALEY Twit­ter: @joshrjhealey josh.healey@gan­der­bea­con.ca

Tourism, fish­ery in­dus­tries tar­geted for de­vel­op­ment.

FOGO IS­LAND, NL – Both the fed­eral and pro­vin­cial govern­ments have an­nounced fund­ing to help fa­cil­i­tate economic growth on Fogo Is­land, shar­ing the news via press re­lease.

Scott Simms, MP for Coast of Bays-Central-Notre Dame, an­nounced the Atlantic Op­por­tu­ni­ties Agency (ACOA) would be in­vest­ing nearly $324,000 into the is­land.

“The Govern­ment of Canada is work­ing with com­mu­nity and busi­ness part­ners to cap­i­tal­ize on op­por­tu­ni­ties in tourism and the fish­ery to cre­ate new em­ploy­ment and economic growth,” said Simms.

Fur­ther­more, the De­part­ment of Tourism, Cul­ture, In­dus­try and In­no­va­tion (TCII) also promised a con­tri­bu­tion of $100,000 for projects.

With th­ese in­vest­ments, the Town of Fogo Is­land is plan­ning to up­grade and ex­pand its net­work of hik­ing trails.

The Fogo Is­land Co-op­er­a­tive So­ci­ety Lim­ited is plan­ning to use its share of the money to de­velop in­ter­na­tional mar­kets for sea cu­cum­ber in an at­tempt to di­ver­sify the fish­ery.

Der­rick Bragg, MHA for Fogo Is­land-Cape Freels, said he was pleased by the in­ter­gov­ern­men­tal co­op­er­a­tion.

“Th­ese in­vest­ments in Fogo Is­land are an ex­cel­lent ex­am­ple of what can be achieved when our fed­eral and pro­vin­cial govern­ments work to­gether,” said Bragg. “I am look­ing for­ward to the up­graded net­work of trails, and the busi­ness de­vel­op­ment that will take place at the Fogo Is­land Co-op­er­a­tive So­ci­ety Lim­ited.”

JOSH HEALEY/THE BEA­CON

A tourist walks in front of the renowned Fogo Is­land Inn.

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