AN OVERVIEW OF SCIENTIFIC METHOD OF TILAPIA FISH FARMING (A CASE STUDY ON IFAD AGRO COMPLEX LIMITED; BHALUKA, MYMENSINGH)

Abstract

The report is originated in result of my internship, which I have done, as a requirement of MBA program. This report is done based on 16 weeks internship at IFAD Agro complex Limited, Bhaluka, Mymensingh. The people of Bangladesh, one of the most densely populated countries in the world, are commonly referred to as“ Macche- Bhate Bangali ” ( Fish and Rice make a Bengali). The most important food crops for the 140 million people of Bangladesh are rice and fish. The contribution of fish in our GDP is 3.65% and in agriculture the GDP is 23.81%.IFAD Agro complex Ltd. is situated in Bhaluka, Mymensingh and has been established in 2004. Since its inception, the company has worked to establish itself as one of the most advanced and largest fish hatcheries in Bangladesh. Firstly, it was produced all kinds of Bengali fish but recently it produced only the mono-sex Tilapia for better competition. Fish farming has rapidly increased in the Mymensingh area since 1995 along the Dhaka- Mymensingh corridor. Many farmers have recently switched to Tilapia farming due to its profitability. In order to meet the soaring demand for food, there is a huge potential of Tilapia farming in Bangladesh. There is a long history of Tilapia farming in Bangladesh and it was expected that Tilapia would act as a miracle fish in aquaculture. Genetically Improved Farmed Tilapia (GIFT) was introduced to Bangladesh by ICLARM and BFRI in 1994 and GIFT has now become a popular fish among farmers. “An Overview of Scientific method of Tilapia fish farming” has been prepared to know the basic concepts of scientific method, to find out the potentialities and future prospects and farmers acceptance towards the scientific farming of Tilapia. I gathered information from both farmers and employees of IFAD Agro complex through Questionnaire and FGD. Thus a guideline has been proposed in this study with aim of facilitating the Scientific method of Tilapia farming for the development of Fisheries sector and for the economic development of our country.