AID Flow

The concessionary loans, a total of US$ 50 million, topped off with US$ 10 million from the government will go towards poverty elevation and development of infrastructure and natural resources. rn

rnFor the plantations sector the ADB facility, unlike previous assistance projects, will form a plantation fund to invest in equity and quasi-equity in the plantations as opposed to collateral based lending. rn

rnThe fund will also look at improving marketing plantation produce, especially tea and concentrate on value addition. rn

rnThe assistance to the aquaculture sector will rollout a number of pilot projects developing inland fresh water fish resources. rn

rnThis is expected help the rural poor by creating employment and also providing a much needed source of protean, with a long term paln to develop the sector into a value added fresh water fish industry. rn