|Approval Date||17 Sep 1987|
|Signature Date||30 Sep 1987|
|Planned Completion Date||31 Dec 2000|
|Last Disbursement Planned Date||31 Dec 2000|
|Sovereign / Non-Sovereign||Sovereign|
|Sector||Agriculture and Rural Development|
|DAC Sector Code||31320|
The Artisanal Fisheries Development Project was designed because of the many constraints encountered in the fishing sub-sector. It consists of: the granting of a credit line for the purchase of fishing equipment, improved boats and engines, the construction of buildings, the purchase of equipment and vehicles, the construction of a local staff cold store. The project is expected to provide fishers with fishing equipment, improved boats and outboard engines in the form of a line of credit. This should contribute to a better development of the communities concerned. The project has several components, namely: (A) credit component for: (1) fishing equipment, (2) fleet improvement, (3) outboard engines; (B) construction of buildings and infrastructure; (C) provision of equipment and vehicles; (D) construction and equipment of a cold store; (E) local staff forecast; (F) expatriate staff forecast; (G) UNDP assistance; and (H) maintenance and operational forecast.
The main objectives of the project are: (i) improve the country's supply of fish, (ii) maintain the level of exports in order to avoid a decline in foreign exchange earnings; (iii) improve the quality of life of fishermen.
The beneficiaries of the project are the fishermen of Santiago Island, the consumers of fishing products and other stakeholders in the field.
African Development Fund
International Fund for Agriculture Development
Government Of Cape Verde
SECRETARIAT D'ETAT AUX PECHES
|Last Update||12 Jul 2020|