Sustainable Fisheries Development Project
Sector: Road • Location: Viet Nam
Source: World Bank Group
The Gov. of Vietnam has proposed a new fisheries engagement to the World Bank, the Sustainable Fishery Development Project. Theproposed project aims to develop and upgrade infrastructure, enhancing management capacity and value of products, developingsustainable fisheries. Specific objectives include: i) to develop infrastructure, and improve the capture fisheries efficiency; ii)to develop infrast
- Status
- Failure
- Sector
- Road, Water Supply and Storage, Power Generation (CCGT), Warehouse, Seaport, Raw Materials, Government
- Location
- Vietnam
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | dropped |
Taiyo status | Failure |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Gov. of Vietnam has proposed a new fisheries engagement to the World Bank, the Sustainable Fishery Development Project. Theproposed project aims to develop and upgrade infrastructure, enhancing management capacity and value of products, developingsustainable fisheries. Specific objectives include: i) to develop infrastructure, and improve the capture fisheries efficiency; ii)to develop infrastructure for hatcheries, culturing key species (i.e shrimp, Tra/Cat fish, and so on), to improve productivity andquality and environmental protection; iii) to strengthen the capture fishery and aquaculture management capacity; iv) to apply andtransfer advanced technologies for capture fisheries and aquaculture to enhance productivities, efficiency and climate changeresilience; and v) to develop linkages and connections, and organize production chain, from capture/farming, processing, marketingthrough band development of key export products.The total project cost is $350 million USD of which US$300 million is from IBRDand US$50 million from counter-part fund. The project will be implemented in 9 provinces including Thanh Hoa, Quang Tri, BinhDinh, Khanh Hoa, Ninh Thuan, Binh Thuan, Soc Trang, Bac Lieu, Ca Mau and Kien Giang. The MARD proposal also includes investments tobe centrally managed by the MARD. The Project will be implemented during 2021-2025.The Project includes the followingcomponents:Component 1: Infrastructure and logistics development for sustainable capture fishery and aquaculture:(i) Capturefisheries: development of key infrastructure, including fishing ports, storm-shelters, fishing vessel and catch informationmanagement and monitoring systems, facilities and devices for fishers to reduce postharvest losses and comply with the EuropeanUnion’s and international requirements to combat IUU(ii) Aquaculture: development of basic infrastructure (i.e. supply anddischarge canals, water supply and discharge treatment, power supply, transport road) for hatcheries and brackish water shrimpareas, and disease monitoring and warning system.Under this component the project would invest in upgrading fishing portinfrastructure at fishing hubs in Khanh Hoa and Kien Giang to reach the national status. The proposed investment also includesupgrading national fishing port, regional storm shelters, provincial fishing ports and storm shelters in Thanh Hoa, Quang Tri, BinhDinh, Khanh Hoa, Ninh Thuan, Binh Thuan, Soc Trang, Bac Lieu and Ca Mau. Aquaculture infrastructure includes upgrading basicinfrastructure for shrimp hatcheries, main brackish water shrimp farming areas in Ninh Thuan, Binh Thuan, Thanh Hoa, Soc Trang, BacLieu, Ca Mau and Kien Giang provinces.Project activities managed by the MARD include upgrading the Regional Fisheries MonitoringCenter (FMC) in Hai Phong (port, logistic center, training center) and upgrading infrastructure and equipment for broodstockproduction at the Research Institute for Aquaculture No. 1 (Hai Phong), Research Institute for Aquaculture II (Ba Ria-Vung Tau) andResearch Institute for Aquaculture III (Khanh Hoa).Component 2: Strengthening of management capacity and value addition. (i)Strengthening of management capacity for both capture fisheries and aquaculture; (ii) development of fisheries and aquaculturevalue chains and enhancement of value addition; and (iii) protection and development of fishery resources.Under this componentthe project will support the transfer of advanced technologies for reducing post-harvest losses of catch and supporting shrimphatcheries to apply management process technology to meet biosecurity standards, quality and disease-free seed, application ofadvanced technology to improve the efficiency of brackish water shrimp farming for reducing production costs, improving productquality, avoiding epidemies, protecting the environment and adapting to climate change. The project will also help to improvefisheries management capacity for complying with illegal, unreported and unregulated fishing (IUU) and upgrade the nationaldatabase fisheries system for management.Component 3: Project management. This component will focus on: (i) monitoring andevaluation and (ii) Component coordination. |
Original sector | FY17 - Agriculture, Fishing and Forestry |
Budget |
Location
Country | Vietnam |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Road, Water Supply and Storage, Power Generation (CCGT), Warehouse, Seaport, Raw Materials, Government |
Article published date | 2025-12-17 |
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