May 24, 2022

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Agro-Invest aiming for added advance in 2022

Agro-Invest Corporation (AIC) — the accessories administration and advance advance arm of the Ministry of Agronomics and Fisheries, advised to abate the country’s aliment acceptation bill — said the country’s seven agro parks registered an agronomical achievement of $316.8 actor in the 2019/20 banking year.

The agro parks gross assembly amount for the aeon beneath analysis was about 2.6 actor kilogrammes, apery an access of aloof over 477 thousand kilogrammes or 18.09 per cent over the antecedent banking year, according to AIC’s 2020 anniversary report.

The assembly amount represents the articles produced, commissioned for imports and exported from the agro parks.

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The net access was attributable to new bazaar linkages and added abundant acreage fabricated accessible for assembly activities.

Agro Invest CEO Dr Al Powell told the Jamaica Observer, “We accept been accidental continuously to agronomical development at the aback end acceptation added production, application of youths, bargain rural unemployment, accidental to import-substitution , accouterment raw actual for agro-processing and exports and about addition at every akin of the amount chain”.

The agency, beneath the Ministry of Agronomics and Fisheries, is tasked with the mobilisation, costs and abetment of advance in the agronomical sector.

There are bristles agro parks: Plantain Garden River (St Thomas), Amity Hall (St Catherine), Ebony Park (Clarendon), Spring Plain (Clarendon),Holland Estates (St Elizabeth); and two clandestine parks — Yallahs (St Thomas) and New Forest/Duff House (Manchester).

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Additionally, the assembly zones are at Low Leyton/Lennox (Portland), Enfield (Westmoreland), Wallen (St Catherine), New Pen (St Mary), Rhymesbury (Clarendon), Non-Such/ Unity (St Mary), Fort George (St Mary), and Spring Garden (Portland).

Implemented nine years ago, the agro parks were aimed at modernising Jamaica’s agronomical sector, facilitating the advance of public/private affiliation investments, as able-bodied as accidental to abbreviation the island’s about US$1-billion aliment acceptation bill, while accretion exports and creating jobs.

In acknowledgment to a Caribbean Business Address query, Powell said that clearly the new targets accept not yet been accustomed by the Board of Directors and as such, cannot be shared. He did accompaniment however, that AIC’s ambition is to decidedly access the advantageous achievement of the agro parks and assembly zones.

As a result, it has set its architect on putting at atomic 2,000 added acreage of acreage into assembly for the banking year 2022/23.

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This expansion, Powell said, would access the all-embracing achievement on the agro parks and assembly zones amid 30-40 per cent, thereby accidental added to the advance in the agronomics area and the economy.

At present, the country’s seven agro parks and eight assembly zones awning over 6,000 acres.

Notwithstanding, AIC in its address adumbrated that, “Though the authorization is the active force abaft our strategy; the alarming assignment of operating on a circadian base with the bound constraints of government allotment continues to bassinet our operations. The abridgement of banking assets to accouterments the agro parks with the able basement including roads, irrigation, light, arising and animal basic affectation the better blackmail to accomplishing our authorization and authoritative the meaningful”.

Furthermore, Powell told the Caribbean Business Address that while there are challenges with irrigation, the Government is cognisant of the affair and “working endlessly to accommodate allotment for irrigation development on the agro parks and assembly zones over the abutting three-year aeon FY 2022/23 – 2024/25”.

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In May, the again Minister of Agronomics and Fisheries Floyd Green, during his 2021/22 Sectoral Debate presentation in the House of Representatives, said the Government will absorb $605 actor this year to lay irrigation pipelines and strengthen capacity-building initiatives aural the agronomics sector.

Powell acclaimed that currently over 60 per cent of the agro parks and assembly zones already accept irrigation infrastructure.

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