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Aquaculture Development Project

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


Status: Closed

Country

Nepal

Approval Date

18 September 1986

Duration

1986 - 1991

Sector

Fisheries

Total Project Cost

US$ 18.74 million

IFAD Financing

US$ 0.74 million

Co-financiers (International)

Asian Development Bank US$ 11 million

Co-financiers (Domestic)

National Government US$ 6.04 million

Financing terms

Highly Concessional

Project ID

1100000191


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