Skip to Content
X

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39195111

Mariculture Enterprise Development Project

The overall goal of this project is to expand livelihood opportunities and reduce vulnerability. Its development objective is to enhance incomes and employment from mariculture activities (i.e., the cultivation of marine organisms), especially for young people and women.

The project's two components involve strengthening institutions and developing the mariculture value chain. The institutional strengthening component aims to enhance the capacity of the Ministry of Fisheries and Agriculture to regulate and manage the mariculture industry. The value chain development component seeks to create employment for poor households by promoting private-sector participation in the mariculture chain. 

The project is national in scope, with the exception of the Maldives' capital, Malé. Islands included in the project area meet various criteria, including:

  • The presence of suitable lagoons for mariculture
  • Limited employment opportunities for local people
  • Community interest in pursuing mariculture
  • Supportive island councils 
  • Willingness of the private sector to invest in these islands. 

The target group includes young women and men interested in mariculture, small entrepreneurs along the mariculture value chain and private-sector firms willing to invest in this sector. The project is expected to directly benefit some 3,000 households comprising about 18,000 people.

Status: Ongoing

Country

Maldives

Approval Date

06 September 2012

Duration

2012 - 2019

Sector

Fisheries

Total Project Cost

US$ 7.13 million

IFAD Financing

US$ 2.49 million

Co-financiers (Domestic)

Private sector local US$ 2.76 million

National Government US$ 1.12 million

Financing terms

DSF Grant

Project ID

1100001624

Project Contact

Omer Aslam Zafar


categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39195111

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39195111

Project design reports

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39195111

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39195111

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39195111

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39195111

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39195111

Interim (mid-term) review report

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39195111

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39195111

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39195111

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39195111

categoryFilterCountry = false

categoryFilterProject = true

layoutCategory = 0

projectCategory = 39195111