Mangalore City Corporation, with financial assistance from National Fisheries Development Board, will construct two modern fish markets in Mangalore city.

Laying the foundation stone for a fish market at Jeppu in Mangalore on Monday, Mr Krishna J. Palemar, Karnataka Fisheries Minister, said the two markets – Jeppu and Alake – in Mangalore will be built at a cost of around Rs 1.57 crore. Of this, the cost of Jeppu fish market is estimated at Rs 92.50 lakh and Alake market at Rs 65 lakh.

While the board will contribute 90 per cent of the cost, the remaining amount will be contributed by the corporation.

The Jeppu fish market will come up on an area of 1,048 sq m and will have provision for 48 stalls. The Alake fish market will come up on an area of 361 sq m and will have provision for 32 stalls. These markets will be completed in six months, he said.

To a query on the make-shift fish market at Nehru Maidan in the city, the Minister said it will be shifted to Central Market at Hampankatta in the city. However, he did not say by when that would happen.

The Deputy Speaker of Karnataka Legislative Assembly, Mr N. Yogish Bhat, was present on the occasion.

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