Bangladesh awarded two marine projects

The Indian Ocean Rim Association (IORA) has awarded Bangladesh two projects related to aquaculture and exploration of economically important marine flora.
The projects are titled ‘Small scale inland and/or coastal aquaculture project in the Indian Ocean Region’ and ‘Exploration of economically important marine flora from the Bay of Bengal: a pilot study’.
These two projects and four others from IORA special fund was approved at the sixth Bi-annual Meeting of Committee of Senior Officials (CSO) held in Yogyakarta, Indonesia on May 22-23, a Foreign Ministry press release said yesterday.
Senior government officials from 20 Member States attended the meeting. The Bangladesh delegation was led by Secretary (Maritime Affairs Unit) of the Foreign Ministry Rear Admiral (Retd) Khurshed Alam.
The meeting recognised Bangladesh as one of the world’s leading inland fisheries producers and acknowledged that aquaculture production in Bangladesh has shown an average growth of 28 per cent with extensive and highly diversified fisheries resources. The meeting also took into account the fact that, of the total fish production of Bangladesh, aquaculture accounts for 39 per cent.
Considering all the factors, the CSO decided that Bangladesh is best positioned to host the project of USD 50,000 which is titled ‘Small scale inland and/or coastal aquaculture project in the Indian Ocean Region’.
The meeting realised the fact that, the vast ground of marine resources of the Indian Ocean is yet to be explored and the pace of development of the application of biotechnology to the marine biodiversity is not up to the mark.
The meeting opined that availability of the information regarding the marine flora would enable the IORA countries to utilize the resource in the most effective way as well as provide input for future pathways.
Keeping such views in the perspectives, CSO nominated Bangladesh to host the project namely ‘Exploration of economically important marine flora from the Bay of Bengal: a pilot study’ of USD 20,000.
It is believed that such initiatives would accelerate sustainable blue economic growth in the Indian Ocean region.