Fisheries and Agricultural Diversification Programme

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Fisheries and Agricultural Diversification Programme

Fisheries and Agricultural Diversification Programme

The objective of the programme is to improve incomes and living conditions of poor farming and fish-processing households through increased productivity and profitability. The programme will help producers and processors on selected islands raise the quality of their products and gain access to high-value niche markets.  Under IFAD’s direct supervision it will introduce an innovative form of public-private partnership, establishing three franchise companies: for fresh farm products, for processed farm products and for processed fish. Professional management teams will run the franchise companies, which will be funded by the government, IFAD and private sector partners.

The programme will support the development of value chains. It will provide credit and other financial services to the producers or processors and to the companies for their inputs and marketing needs. And it will provide support for programme management, working with the government to strengthen the capacity of the Ministry of Fisheries, Agriculture and Marine Resources.

Source: IFAD

Status: Closed
Approval Date
12 September 2007
2007 - 2018
Agricultural Development
Total Project Cost
US$ 6.87 million
IFAD Financing
US$ 3.51 million
Co-financiers (Domestic)
Private sector local US$ 1.5 million
National Government US$ 1.32 million
Financing terms
Highly Concessional
Project ID
Project Contact
Hubert Boirard

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