ADB pours US$93mil loan to advance Indonesia’s shrimp farming

A traditional fisherman nets shrimps and fish in shallow waters along Banda Aceh beach, Special Region of Aceh, on Oct.29. - Antara

JAKARTA (The Jakarta Post/Asia News Network): The Asian Development Bank (ADB) approved a US$93 million loan to advance shrimp farming for smallholders in seven provinces in Indonesia.

Called The Infrastructure Improvement Project for Shrimp Aquaculture, the project is designed to assist the Marine Affairs and Fisheries Ministry in introducing sustainable-shrimp aquaculture to increase productivity, quality, profitability and environmental preservation in shrimp-farming areas for smallholders.