AQUACULTURE

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The objective of the Aquaculture Development Project is to promote sustainable aquaculture development by increasing the sector's productivity within a framework of social consensus and environmental soundness, thereby contributing to Mexico's economic growth and poverty alleviation. While focusing on seven states, the project benefits aquaculture producers, traders, and processors throughout Mexico. It has two components: (1) The first helps complete and implements the government's regulatory framework, and provides key public goods to stimulate productive sector (private and social) investment. Its four subcomponents are: (i) regulatory framework, (ii) environmental and coastal resources management, (iii) public goods and services, and (iv) institutional strengthening and project coordination. (2) The second component, incorporating the Social Strategy and Indigenous Peoples Development Plan, supports productive investments and training for residents of "ejidos," cooperatives, communal land groups, and other economically disadvantaged producers, and develops an appropriate institutional framework that creates a more level playing field for social sector participation in aquaculture. This component includes two subcomponents: (i) social aquaculture production, and (ii) institutional development. The project will support investments in aquaculture parks and hatcheries, create limited liability corporations to manage them, and train management staff.