The Government plans to establish a cattle breeding farm on Efate to increase the country’s breeding stock and boost livestock industry.
The Ministry of Agriculture, Livestock, Fisheries, Forestry and Biosecurity (MALFFB) and the Ministry of Tourism, Trade, Industry and Ni-Vanuatu Business are planning to set up the breeding farm next year.
When conveying this, the Director General (DG) of the Ministry of Tourism, Trade and Ni-Vanuatu Business, Roy Mickey Joy, said the initiative compliments the national target of having 500,000 herds by 2025.
DG Joy said it would cost around Vt200 million to set up the breeding farm.
He said they are planning to establish the breeding farm at Eton on Efate.
He took the opportunity during a press conference yesterday to announce the release of the second tranche of the EDF-11 grant to Vanuatu government. The amount is EUR 11.4million. The fund will be invested in value-added products that also includes beef, said DG Joy.
Part of yesterday’s press conference was to provide update on how the ministry is working with other stakeholders to maintain service and save livelihoods during this difficult time.