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Korea to invest USD 1.2 Mn on shrimp aquaculture

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COLOMBO (News 1st) – The Republic of Korea through the Food and Agriculture Organization of the United Nations is investing USD 1.2 million to strengthen shrimp aquaculture in Sri Lanka.

The investment is part of a global project implemented by FAO in Sri Lanka with a total investment of USD 3.9 million.The project will be implemented over a three-year period to ensure effective biosecurity in shrimp aquaculture through digital technology.

Through the project, FAO will build national capacity on various aspects of health management, biosecurity, food safety, and analysis of biosecurity systems and establish robust, disease early warning and monitoring systems that will support the sustainable development of the shrimp aquaculture sector.The spread of diseases continues to be a constant constraint to sustainable aquaculture development, limiting yield, reducing profit and preventing investment.

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