A new 1.2 billion vatu investment project to strengthen agriculture, markets and nutrition was launched in Port Vila.

The Investment for Market and Nutrition Project (IMN), funded by the International Fund for Agricultural Development (IFAD), will operate over the next six years across Penama, Malampa, and Tafea provinces.

At a signing ceremony held in the grounds of the Presidential Palace, the Government of Vanuatu and IFAD formalized their partnership to support the agriculture sector.

IFAD Country Director Candra Samekto said the project aligns with the Government’s goals to boost food security, nutrition, incomes, and community resilience.

“We recognize the challenges and will work with the people of Vanuatu,” he said.

Minister of Finance Hon. Johnny Koanapo described the project as vital for improving livelihoods, but stressed the importance of ensuring measurable outcomes.

“This is an important project targeting nutrition and farmers’ livelihoods. We must ensure that after spending 1.2 billion vatu over six years, we can see real impact,” he said.

Project Manager Amos Kalo added that the plan will address priority needs in agriculture, markets and nutrition, supporting farmers and small businesses through workshops and tailored programs each year.

The initiative carries high hopes of driving sustainable growth and resilience in Vanuatu’s agriculture sector.