Northern Province Sustainable Fisheries Development Project (PDA) (ADB-49325-003)

Countries
  • Sri Lanka
Where the impacts of the investment may be experienced.
Specific Location
Jaffna, Mannar, Mullaitivu, and Killinochchi
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Mar 8, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Sri Lanka
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 1.30 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1.30 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Dec 12, 2018

Disclosed by Bank Mar 20, 2017


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to ADB documents, the Northern Province Sustainable Fisheries Development Project will support investments to revive the fisheries sector in the conflict affected coastal districts of Jaffna, Mannar, Mullaitivu, and Killinochchi. Investments are required to (i) rebuild large scale infrastructure, such as harbors, anchorages, and associated facilities, (ii) introduce new fishery technologies, (iii) expand aquaculture sustainably (iv) strengthen community based organizations and related institutions, and (v) develop economic activities for households headed by women, war widows and single women. The projects impacts are aligned to improve (i) the nutritional status and food security, and (ii) incomes of fisher communities. The outcome will be fisheries production in the Northern Province sustainably increased.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Ministry of Fisheries and Aquatic Resources Development
SECRETARY@FISHERIES.GOV.LK
New Secretariat, Maligawatta
Colombo 10, Sri Lanka

ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main