The World Bank approved a total of $176.06 million for the Second National Agricultural Technology Program. The project development objective is to increase agricultural productivity of smallholder farms and improve smallholder farmers’ access to markets in selected districts. This is to be achieved through the following components:
Supporting Crop Development (USD 66 million)
- Supporting Fisheries Development (USD 37 million)
- Enhancing Agricultural Technology Generation (USD 52 million)
- Supporting Livestock Development (USD 47 million)
- Project Management (USD 12 million)
The Second National Agricultural Technology Program (NATP II) aims to support some one million poor, small and marginal farmers in 57 districts. These small-scale farmers will benefit from stronger linkages with research, on-farm demonstrations of improved technologies, training and skills development, agricultural extension services, and co-funding productive assets.
The project aims to increase and diversify agricultural production, and ensure the poor farmers’ access to markets. The project seeks to increase agricultural productivity of crops, livestock and fisheries. The project will continue the formation of farmers’ groups, 35 percent of which would consist of women.
“The project builds on the lessons learnt and the success of the first NATP project. The World Bank, along with other development partners, has long promoted agricultural technology and its adaptation to farmers in Bangladesh,” said Patrick Verissimo, Task Team Leader, NATP II, World Bank “The project would promote an integrated approach to help to achieve food security, adapt to climate change and enhance nutrition through safer and more diversified food.”
The project will improve the country’s agricultural research system through adopting a demand-driven, market-oriented and decentralized approach to agricultural research and strengthening agricultural research institutions.