Fisheries Development Project

IFAD Asset Request Portlet

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Fisheries Development Project

The Fisheries Development Project will operate along the coast of the Northern Red Sea and Southern Red Sea regions, located in arid and semi-arid lands; it responds to the Government of Eritrea's request to provide assistance for artisanal fishers in the Red Sea coastal regions, which suffered greatly during the border conflict of 1998-2000 and have yet to fully recover.
 
The project's main objective is to raise production and productivity in the fisheries sector while conserving fish stocks and the marine ecosystem. Furthermore, the project will:
  • contribute to household and national food security
  • alleviate rural poverty and increase the fishery sector's contribution to the national economy.

The target group consists of poor artisanal fishers using boats and canoes, foot fishers, women, young people, returning internally displaced people and demobilized soldiers. The target group is located around Assab and Massawa and the 70 villages along the Red Sea coast. Particular attention will be paid to enabling woman-headed households (around 30 per cent of the population) to participate in the project and to supporting young people keen to undertake fishing but unable to purchase equipment.

The project will cooperate with fishing communities' elders and village development committees and with local organizations such as the National Union of Eritrean Women and the National Union of Eritrean Youth and Students to mobilize the target groups. It will also build on community traditions of support for the vulnerable to identify households most in need.

Status: Closed
Country
Eritrea
Approval Date
22 April 2010
Duration
2010 - 2016
Sector
Fisheries
Total Project Cost
US$ 18.14 million
IFAD Financing
US$ 12.58 million
Co-financiers (Domestic)
National Government US$ 5.38 million
Financing terms
DSF Grant
Project ID
1100001518
Project Contact
Naoufel Mr Telahigue

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