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Shrimp Farming and the Environment - Library

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CHAPTER 7: PROJECT PLANNING AND ASSESSMENTWhere major aquaculture development projects are proposed, it is essential that project assessment <strong>and</strong>planning is done thoroughly, taking full account of <strong>the</strong> general mitigation measures presented inchapters 3–5, as well as incorporating thorough environmental assessment. It is important that <strong>the</strong>seconsiderations be addressed as early as possible in <strong>the</strong> investment project’s timeline.The investment project cycleInvestment projects, including shrimp farming projects, go through a cycle consisting of three mainphases: preinvestment, investment, <strong>and</strong> operations. Each of <strong>the</strong>se phases includes a number of actions,or steps, that must be taken to finish <strong>the</strong> project. The time schedule or time horizon for each phase mayvary greatly depending on <strong>the</strong> size <strong>and</strong> type of project. Table 8 provides a general illustration of <strong>the</strong>steps in each phase.TABLE 8: THE INVESTMENT PROJECT CYCLEPHASE PLACE IN APPROXIMATELY 3-YEAR CYCLE DURATIONPreinvestment phaseOpportunity study 1-3monthsPrefeasibility study 1-3monthsFeasibility study 2-12monthsAppraisal report 1-3monthsPreparation 3-6monthsEvaluation 1-2monthsInvestment phaseNegotiation/contracting3-24monthsEngineering design 3-12monthsConstruction 6-12monthsPre-production marketing 1-12monthsTraining 2-12monthsImplementation 2-6monthsEvaluation 1-2monthsOperations phaseCommissioning <strong>and</strong>1-4start-upmonthsReplacement <strong>and</strong>3-12rehabilitationmonthsExpansion <strong>and</strong>innovationNote: This table is based on World Bank literature describing large projects. Smaller projects will, of course, haveshorter time spans than represented here.3-12monthsBased on experience with previous World Bank–funded aquaculture projects, Zweig & Braga (1996)have identified a set of guidelines for <strong>the</strong> planning <strong>and</strong> implementation of such projects, particularly65

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