Indonesia Aquaculture Industry Receives Grant For Sustainable Aquaculture And Fisheries
Indonesia’s aquaculture industry is the recipient of a grant to develop sustainable aquaculture and fisheries.
The Walton Family, owners of Wal-Mart and Sam’s Club retail markets, has committed to a grant of $5.7 million USD to develop three priority projects: Shrimp Sector Reform; Sector-Wide Reform; and Project Management and Impact Magnification, consisting of 20 programs covering technical, management, trade, and financial (insurance) aspects. Some programs were initiated in the fourth quarter of 2017, and the rest will be started at the end of this year and in early 2019. Project periods are expected to span six months to three years.
A marine finfish program is included in the first priority projects.
USSEC has granted funds for sustainable aquaculture in Indonesia since early 2000s for both freshwater and marine aquaculture though feed trials, events, consultants, and speakers. The goal is to improve the Indonesian aquaculture industry to be sustainable in profit as well as sustainable for the environment.