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Fisheries Investment Project (Yemen)


Pays : Yemen

Approval date : 15/12/2010

Organisme d’exécution : Economic Opportunities Fund (EOF)

Initiating institution : International Fund for Agricultural Development (IFAD)

Finalité et objectifs

The Fisheries Investment Project is national in scope and covers all nine maritime governorates along the Yemeni coast. The project will benefit small-scale fishers, fishers’ organizations, poor households interested in engaging in aquaculture, and poor households interested in starting up microbusinesses in response to market demand for goods and services.
The project goal is to improve the economic status of small fisher households, by creating sustainable and diversified economic opportunities for poor women and men in fishing communities.
The project will focus on : Sustainable resource management ; Value chain development

Informations financières

Approved DSF grant : US$9.1 million
Cofinancing : European Union (US$5.3 million)
Cofinancing : Islamic Development Bank (US$11.3 million)
Cofinancing : EOF : US$2.8 million equivalent
Cofinancing : MFIs : US$0.8 million equivalent
Contribution of recipient : US$0.1 million
Contribution of beneficiaries : US$1.5 million
Total programme cost : US$30.9 million

Lien vers le site IFAD

President’s report - Proposed grant to the Republic of Yemen for the Fisheries Investment Project

Page publiée le 16 février 2011, mise à jour le 15 août 2012