Special Fund for Agricultural Development in the Dominican Republic supports the development of local aquaculture

Published 2024년 12월 17일

Tridge summary

The Dominican Republic has seen a significant growth in aquaculture, with the number of producers rising from a few dozen to around 3,000, who are now rearing various fish species including tilapia, shrimp, sea bass, and grouper. Tilapia production is projected to hit a record 3,743 tons by 2024, marking a 48.7% increase from 2020. This expansion is largely due to the government's support through the Special Fund for Agricultural Development (FEDA), which has distributed fish fry to farmers and trained them in modern tilapia farming techniques. FEDA has also invested over 40 million Dominican pesos in aquaculture initiatives, aiming to reduce the country's dependence on imported fish and seafood by 70% and increase annual production by 2,450 tons.

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Original content

In recent years, this situation has changed dramatically. From only two or three dozen aquaculturists who persevered out of passion in the past, the country now has about 3,000 producers, not only raising tilapia, but also shrimp, sea bass and grouper. Tilapia production is expected to reach a record 3,743 tons by 2024, an increase of 48.7% compared to 2020. This growth is due to government support for family, community and institutional aquaculture projects. The Special Fund for Agricultural Development (FEDA) plays a vital role in promoting aquaculture. Since 2023, FEDA has distributed 3.1 million fish fry to 327 fish farmers and trained 4,636 people in modern tilapia farming techniques. FEDA has invested more than 40 million Dominican pesos in initiatives to strengthen the aquaculture ...

Source: Foodmate