Fishing boats at the quay
Fisheries & aquaculture 📍 Philippines · Selected Fisheries Management Areas

Philippine Fisheries and Coastal Resiliency Project

Improve the management of targeted fisheries resources and enhance the value of fisheries production for coastal communities.

Committed financing€157,483,333.80
Expected duration79 months
CountryPhilippines
SectorFisheries & aquaculture

Project objective

Improve the management of targeted fisheries resources and enhance the value of fisheries production for coastal communities.

Project description

The project operates in selected Fisheries Management Areas. It combines resource planning, governance of fishing areas and adding value to production.

Type of financing

Loan from the International Bank for Reconstruction and Development (IBRD, World Bank Group) — Investment Project Financing.

Stage of progress

Under implementation — approved on 30 May 2023, expected closing on 31 December 2029.

Economic potential

Better-managed resources and higher-value production for coastal communities.

Key information

Project implementing body
Department of Agriculture — Bureau of Fisheries and Aquatic Resources
Official source
World Bank — Projects & Operations (open data, CC BY 4.0) · P174137
Information verified on
5 Oct 2026

Information sheet based on the official source. GLOBACOR PARTNERS INC is not a party to this project and collects no funds for it.