COFI:FT/VIII/2002/Inf.7 |
| COFI:FT/VIII/2002/Inf.7 |
Item 12 of the Provisional Agenda |
COMMITTEE ON FISHERIES |
SUB-COMMITTEE ON FISH TRADE |
Eighth Session |
Bremen, Germany, 12-16 February 2002 |
DESCRIPTION OF PROJECTS SUPPORTED BY THE
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1. The Agreement establishing the Common Fund for Commodities (CFC) was negotiated in the United Nations Conference on Trade and Development (UNCTAD) in the 1970's, concluded in 1980 and came into force in 1989. Currently the CFC has 104 Member Countries plus the European Community, Organisation of African Unity/African Economic Community and the Common Market for Eastern and Southern Africa. The CFC is an intergovernmental financial institution. Many Developing and Least Developed Countries are heavily dependent on commodities which form the backbone of their economies and account for the bulk of their export earnings. The CFC, therefore, deals with a core question of development in many regions of the world.
2. The rationale of the CFC's mandate is to enhance the socio-economic development of commodity producers and contribute to the development of society as a whole. In line with its market-oriented approach, the CFC concentrates on commodity development projects financed from its resources (voluntary contributions, interest earned, part of capital subscription). Through co-operation with other development institutions, the private sector and civil society, the CFC endeavours to achieve overall efficiency and impact in commodity development. The CFC operates under the novel approach of commodity focus instead of the traditional country focus. The unique commodity orientation of the CFC has the advantage of seeking more generally applicable solutions to commodity problems benefiting many commodity-producing countries. Below all fisheries related projects, so far financed by the CFC, are listed in detail.
3. The objectives of the Project were to organize pilot production of value-added fishery products relying on transfer of appropriate processing technology and know how; to develop market opportunities, including an assessment of trends in European markets and conducting market trials; and to assess the longer-term investment needs for expansion of fish processing in the region.
4. The Project comprised the following components:
5. Project duration: May 1995 - December 1998. Total project cost: US$ 368 550. Project activities have been completed. A completion report has been submitted and accepted by the Fund.
6. The objectives of the Project were to demonstrate the technical and financial feasibility of production of value-added fishery products through pilot production using appropriate processing technology and know-how; to develop market opportunities, including assessment of trends in the major markets in Europe, Japan and the United States of America and to conduct market trials; to improve the quality and sustainability of commercial fish processing; to study the feasibility and promotion of the market for the value-added of identified shrimp products, and to assess the longer term needs and promote private sector investment for expansion of fish processing in the region.
7. The Project consisted of the following components:
8. Project duration: October 1996 - December 1999. Total project cost: US$ 609 000. A completion report has been submitted and accepted by the CFC. The CFC undertook an evaluation mission in May 2000 and found the project as very successful.
9. The Project was oriented towards the rehabilitation and development of the traditional industrial seafood sectors located in Rio Grande (South Brazil) and in Mar del Plata (North Eastern Argentina). In both locations the seafood sector is facing rapid changes due to regional development and is suffering from limited market awareness of the opportunities that have emerged through the creation of MERCOSUR and a lack of technical knowledge and expertise needed to develop new products adapted to market expectations.
10. The main objectives of the Project were to contribute to the development of Latin American regional emerging seafood markets; provide technical assistance for the development of products with high quality standards making such products competitive on the international as well as the regional markets; and give assistance to enterprises in the two important industrial fishery ports mentioned above to prepare investment programmes for upgrading their plants. The Project comprised the following components:
11. Project duration: March 1999 - November 2001. Total project cost: US$ 960 553. An evaluation mission will be fielded in March 2002.
12. The objective of the Project is to improve fishery sector productivity and expand access to markets. In doing so, the Project would introduce measures for quality enhancement and certification, develop a production and marketing strategy for selected value-added products, assess investment needs and private sector investment, and strengthen the capacities of INFOSAMAK and national institutions involved in quality control and certification.
13. The Project comprises the following components:
14. Project duration 36 months, to start in early 2002.
Total project cost: US$ 1 233 000
15. The project aims to develop and promote production of improved processed and value-added products from inland waters (Nile perch and dagaa). Pilot production will be carried out in Kenya, Tanzania and Uganda. Activities would involve the promotion or improvement of existing small-scale cottage enterprises, many of which are run by women, and a restructuring of industrial processing companies, taking into account the products and species.
16. In order to ensure economic and financial viability of these initiatives, the project would also design and implement, on a pilot scale, specific supporting investment and credit programmes in close co-operation with national and sub-regional financial institutions to ensure sustainable production of value added products and expansion of such activities after project completion.
17. Project duration: 24 months, to start in early 2002.
Total project cost: US$ 544 005
18. The main objectives of the project is the promotion of export processing and domestic marketing of value-added tuna products from island countries in the Asia-Pacific region. The project shall comprise the following components:
19. Project duration: 36 months, to start in early 2002
Total project cost: US$ 1 100 000
20. The main objectives of the project are to contribute to the development of emerging Latin American fresh water aquaculture production. The project comprises the following components:
21. Project duration: 24 months, to start in mid-2002
Total project cost: US$ 1 477 560
| PEA and duration | Total | CFC | % | Co-financing1 | % |
| INFOPECHE 32 months |
368 550 | 261 450 | 71 | 107 100 | 29 |
| INFOFISH I 36 months |
609 000 | 357 000 | 59 | 252 000 | 41 |
| INFOSAMAK 36 months |
1 233 000 | 425 000 | 34 | 808 000 | 66 |
| INFOPESCA 24 months |
960 553 | 649 250 | 68 | 311 300 | 32 |
| COMESA 24 months |
544 005 | 378 525 | 69 | 165 480 | 31 |
| INFOFISH II 36 months |
1 100 000 | 759 610 | 69 | 341 000 | 31 |
| INFOPESCA II 2 24 months |
1 477 560 | 875 160 | 59 | 602 400 | 41 |
| Grand Total | 6 292 668 | 3 705 995 | 59 | 2 587 280 | 41 |
1 Funds or contributions in kind from IFAD, INFOnetwork concerned, participating companies and Project GCP/INT/609/DEN
2 Loan financing component is an additional US$ 2 000 000 through the CFC.