Guinea-Bissau - The Fishing Sector Support Project (Supplementary Grant)

The Fisheries Sector Support Project (PASP) was approved on October 31, 2001. The project experienced many delays at its inception due to the socio-political problems that affected the country and negatively impacted the implementation deadlines and the satisfaction of conditions at first disbursement. The project comprises four components, with the "Reinforcement of Landing Infrastructures" component, which includes the construction of a 360 m pier in Bandim and a 20,000 m² developed platform. The port infrastructure of Bandim is one of the national priorities in terms of productive investments. They constitute a real pole of economic and social development in the country and will offer a privileged framework of creation of added value, promotion of the private sector and exports. The completion of the landing infrastructure will enable the country to have conditions enabling fishing vessels to land their products before re-exportation, to refuel and ensure routine maintenance and repairs, which will generate a whole port dynamic beneficial to the entire national economy. This additional grant allocated under ADF XI would make it possible to complete the financing necessary for the construction of the infrastructures and ensure the implementation of the efficient management conditions related thereto. The remaining activities under the supplementary grant were estimated at UA 6.83 million out of a total revised project cost of UA 9.35 million.