ADB to Support Improved Food Security, Dairy Industry in Tajikistan
TAJIKISTAN - Preparatory work has begun for a proposed project to improve food security in Tajikistan by boosting dairy production while making the industry more resilient to climate change, said the press service of the Asian Development Bank in a press release.
27 January 2017
1 minute read
A $500,000 technical assistance grant by the Asian Development Bank (ADB) will prepare a feasibility study of the proposed investment project.
“The Tajik economy has a strong link with agriculture that contributed approximately 30 per cent to the gross domestic product and over 65 per cent to employment generation in 2014,” said Samjhana Shrestha, Senior Economist at ADB’s Central and West Asia Department.
“The dairy industry is currently underdeveloped mainly due to limited investments and access to credit, inadequate business knowledge and skills, and underdeveloped market connectivity.”
The proposed project is expected to help increase milk and dairy production, diversify dairy products, and improve access to markets. It also aims to improve management of pasturelands and increase rural and urban employment opportunities.
It will seek to reduce land degradation resulting from excessive grazing pressure by cultivating high yield fodder that is more resilient to climate change and rotational grazing schemes.
Public-private partnership schemes will be promoted under the proposed project, which is expected to be submitted to the ADB’s Board of Directors for approval in late 2017.
Source: AKIPress.com
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