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UK-funded $400M agri progamme launched

Jun 26, 2013 News

The diversification and expansion of Guyana’s agricultural exports has been prompted through a £1.3M (approx. G$401M) United Kingdom-funded programme which is part of the Department for International Development (DFID)’s bilateral assistance to the Caribbean.
The programme, called the Guyana Agricultural Diversification Programme (GADP), aims at supporting new investment in nontraditional agriculture and aquaculture.
During his address at the launching of the programme, at the Satyadeow Sawh Aquatic Centre at Mon Repos, East Coast Demerara, British High Commissioner to Guyana, Andrew Ayre, stated that Caribbean culture has been facing substantial challenges because of the removal of European Union preferences for major agricultural exports. He added that the region experienced declines in its major agricultural exports; primarily sugar, rice and bananas.
By means of its operations, the GADP is expected to create over 1000 new jobs, while increasing Tilapia exports from 1000kg to 12000kg per week and non-traditional agricultural exports, such as hot peppers, bell peppers and butternut squash from 1000kg to 16000kg per week.
The approach by the DFID is based on its “Making Markets work for the Poor” (M4P) methodology which includes ensuring sustainability through building functioning market systems that do not rely on external support.
“The M4P approach links good development practice with real world market know-how and ensures sustainability through building functioning market systems that do not rely on external support. GADP focuses on building strong local partners, technology transfer, market linkages, policy reform, access to finance and scaling up agriculture and aquaculture for a minimum market order,” a release from the project indicated.
In was also stated that the project will work at three levels: directly with farmers to introduce new technologies and raise productivity; streamlining the paperwork and red tape for investors and exporters; and helping build relationships with new markets and buyers for the sector.
It was also noted that GADP will work with airline and shipping companies to lower the cost of export out of Guyana through increase in volume of products and cost effective packaging solutions.
Farmers who are interested in getting on board can contact CARANA Corporation at 223-0632.

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