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- Operations
- Laguna de Bay Fish Pen Develop Project
Laguna de Bay Fish Pen Develop Project
Philippines
| Borrower | Philippines |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Agriculture |
| Approved | 15.11.1978 |
| Signed | 19.12.1978 |
| Status | Completed |
| Loan Administrator | ADB |
| Executing Agency | Development Bank of Philippines and Laguna Lake Development Authority |
| Co-financiers | ADB, Government |
| OPEC Fund Contribution (US$m) | 4.50 |
| Total Project Cost (US$m) | 23.00 |
The objectives of the project are increased fish production and supply to the Laguna de Bay region including Manila. The project provides for extension of credit to fishermen for the development of 2,500 ha of fish pen modules and for the construction of a fish hatchery/nursery complex.