2003/04 IFDC Corporate Report
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Date
2004
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Abstract
The creation and accomplishments of IFDC, which was established in reaction to the world food crisis of the 1970s, are highlighted in this report. Aware that food-deficit nations must boost their food production, IFDC concentrates on creating fertilizers and fertilizer techniques appropriate for tropical and subtropical areas. The center's original objectives included increasing fertilizer efficiency, making use of locally available resources, creating suitable technologies, and offering developing nations technical assistance and training. The work of IFDC covered a wide range of topics, such as phosphate and nitrogen studies. The goal of nitrogen research was to reduce the amount of nitrogen that fertilizers lose while creating new fertilizer products and crop-management techniques for tropical and subtropical regions. Characterizing phosphate rock deposits, creating beneficiation methods, and figuring out how to use local phosphate resources profitably were the main goals of phosphate research. In nations including Colombia, Brazil, India, and Tanzania, IFDC's work has lowered production costs and raised agricultural productivity. Through the encouragement of workable private agricultural input and output marketing systems, IFDC also made a substantial contribution to market development. Restructuring Bangladesh's fertilizer industry, which resulted in self-sufficiency in rice production and significant cost savings, and developing a thriving market economy in Albania's agricultural sector, which led to higher crop yields and growth driven by the private sector, are two notable triumphs. Moreover, IFDC has taken a leading role in technology transfer programs that help nations all over the world adopt market-driven policies and boost productivity. As an illustration, consider the effective reorganization of Petroquimica de Venezuela and its shift to a market-driven business, which resulted in higher fertilizer output and notable cost reductions.
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Agricultural Inputs, Poultry