Report to the Agricultural Development Bank of Iran on the establishment of a Fisheries Development Branch
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The Agricultural Development Bank of Iran is becoming more and more involved in financing fishery industry development in the country. This involvement is either through joint ventures with Government organizations or with private capital and with the ADBI having equity participation in them, or providing credit to the fishery industry. In 1974 the World Bank approved a substantial loan for Iran for fishery development. This loan will also be channeled through the ADBI either to the end-borrower s or to the Southern Fisheries Company for redistribution to the artisanal fishermen. Both the present involvement of the ADBI in financing fishery industries development and the channeling of the World Bank's loan are new activities for the Bank. In order to perform its new functions, the ADBI wants to establish a fisheries development branch within its structure. The report analyses the new functions of the ADBI and defines the functions of the fisheries development branch to be formed. At the same time, due to a, lack of adequately experienced personnel, the Bank is thinking of employing a fishery development adviser who would assist also in the formation and operation of the branch during its first period of activity. The terms of reference of the consultant and also given in the report. One of the important problems to be resolved in the overall fisheries development of Iran is the balance between investment at sea and investment ashore. Therefore, the report contains a brief anal ysis of the fish processing capacities with particular reference to freezing and cold storing of fish ashore. Details regarding the investment, either existing or projected in the near future are given in the Annex to the report.
