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

$15M USD

Funder	China Ministry of Fisheries
Recipient Organization	Namibian Ministry of Fisheries and Marine Resources
Country	Namibia
Start Date	Jan 01, 2012
End Date	Apr 09, 2033
Duration	7,769 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`1339`

Grant Description

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).

📚 Sources & References

Namibia
China hold talks to strengthen cooperation in agriculture, fisheries
China unveils 15 million dollar grant for Namibia, $50 million cash injection for HIAC
Hardap’s N$35m fish farm complete Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.