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Overview

China granted N$15 million to the Namibian Ministry of Fishery and Marine Resources for aquaculture development (Linked to Record ID#41578)

Commitments (Constant USD, 2023)$1,980,876
Commitment Year•2012Country of Activity•NamibiaDirect Recipient Country of Incorporation•NamibiaSector•Agriculture, Forestry, FishingFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2012
Start (actual)
Jan 26, 2010
End (actual)
Jan 26, 2010

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • China Ministry of Fisheries

Receiving agencies

Government Agencies

  • Namibian Ministry of Fisheries and Marine Resources

Loan desecription

China granted N$15 million to the Namibian Ministry of Fishery and Marine Resources for aquaculture development (Linked to Record ID#41578)

Narrative

Full Description

Project narrative

In January 2012, the Chinese government signed a N$15 million grant to Namibia to assist with aquaculture development. The Namibian Ministry of Fisheries and Marine Resources will utilize this grant for aquaculture and fisheries research and to purchase equipment and machinery. The funding was part of a total N$50 million grant through the 2012 Economic and Technical Agreement signed between Namibia and China through the National Planning Commission. Of the N$50 million, N$35 Million of this grant was allocated for the Hardap Inland Aquaculture Center (#41578).