To help marginal fishermen, the Korea International Cooperation Agency (KOICA) will be providing a $4-million (P192-million) grant to expand and develop the fishing port of Concepcion town. The Official Development Assistance from the government of South Korea is part of the proposed three-year Northern Iloilo Comprehensive Fishery Rehabilitation Development Project. KOICA is now finalizing the terms and conditions of the project before the record of discussion between the agency and provincial government are approved by December 2016.

Nepomoceno, J. A. (2016, October 30). KOICA grants $4M for Concepcion port. Panay News, p. 11.