Aquaculture Development Project

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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
Approval Date
18 September 1986
1986 - 1991
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

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