Sustainable Fisheries Resources Development Project (Fourth South West Indian Ocean Fisheries Governance and Shared Growth Project)

closed

The development objective of Sustainable Fisheries Resources Development Project for Maldives aims to improve management of fisheries at regional and national levels including support to establish mariculture in targeted atolls in the Maldives. This project has three components. 1) The first component, Augmentation of Institutional Capacity for Marine Fisheries Management, seeks to enhance the government’s capacity to implement a more effective monitoring of the fisheries sector and internal control system of key marine fisheries value chains. It has the following four subcomponents: (i) development of key fisheries management and planning instruments; (ii) development and implementation of fisheries management activities; (iii) support to long-term program for fisheries management; and (iv) fisheries sector capacity building. 2) The second component Support to Mariculture and Diversification of Fisheries, has the following four subcomponents: (i) development and demonstration of mariculture production and technology package; (ii) promotion of mariculture out-grower schemes and seafood growth clusters; (iii) supporting design, construction and operation of a multispecies hatchery; and (iv) scoping of long-term marine fisheries diversification studies. 3) The third component, Project Management, Monitoring and Evaluation, would provide equipment, technical assistance, training, and incremental operating cost to strengthen the overall administrative capacity and capability of the Ministry of Fisheries and Agriculture and its Project Management Unit (PMU).