The demand for fish in Bangladesh has been increasing over the last decade due to both population and economic growth. In Phase 3, Katalyst intends to improve the existing practice of high-value fish culture, and at the same promote it among small fish farmers who lag behind in adopting profitable farming methods. The cultivation of high-value species such as tilapia, pangus, koi and freshwater prawn benefits fish farmers because of their high productivity and profitability. These high-value species can also be cultivated twice a year, which gives farmers the opportunity to increase their income and generate employment in the rural economy. High-value species have higher yield rates that contribute to high protein consumption at a reasonable price for the general population. In addition, Katalyst aims to promote culture of specific species (e.g. mola, darkina, dhela, shing, magur) that is suitable given the current investment capacity of small and medium farmers.
By 2017, the project envisions that 126,000 fish farmers will be benefited by practicing innovative commercial farming methods by diversifying cultured species, increasing their income, and securing long term sustainable growth.
Farmed Fish Sector Brief- English