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LOANS & CREDITS October 5, 2018

Bangladesh: Sustainable Coastal and Marine Fisheries Project

WASHINGTON, October 5, 2018 - The World Bank’s Board of Executive Directors today approved financing for the following project:

Sustainable Coastal and Marine Fisheries Project

IDA Credit: US $240 million

Terms: Maturity = 30 years, Grace period = 5 years

Project ID: P161568

Project Description: The Bangladesh Sustainable and Marine Fisheries Project (BSCMFP) aims to increase coastal and marine fisheries’ contribution to the economy through a series of management and sector reforms to enable wider community participation. The project will focus on activities for sustainable fisheries investment and growth, as well as improvement and production practices. It aims to empower 60,000 households with access to project-promoted livelihood activities.

 


Contacts

Washington
Elena Karaban
(202) 473-9277
ekaraban@worldbank.org
Dhaka
Mehrin Ahmed Mahbub
(880-2) 55667777
mmahbub@worldbank.org
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