Aquaculture Development Project - IFAD
Aquaculture Development Project
This was the second phase of a project begun by the Asian Development Bank. Freshwater aquaculture has great potential for raising the incomes of small producers and landless labourers and for increasing fish exports. Traditionally fish farming is practiced by the poorest members of the population. Fish farming also helps improve the nation’s diet by making much-needed fish protein more widely available. The project developed a system for aquaculture that could be replicated elsewhere. It provided credit and training to farmers to strengthen support and extension services in the public sector.
Source: IFAD
Additional Data
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Total Project Cost
US$ 18.74 million
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IFAD Financing
US$ 0.74 million
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Financing terms
Highly Concessional
Co-financiers (International)
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Asian Development Bank
US$ 11 million
Co-financiers (Domestic)
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National Government
US$ 6.04 million