Agro-Investment Corporation Launches Groundbreaking Grant Scheme Empowering Small Farmers
The Agro-Investment Corporation (AIC) has announced the launch of a groundbreaking grant scheme aimed at empowering and uplifting small farmers in Jamaica. Prime Minister Andrew Holness revealed that the AIC, under the agriculture ministry, will provide small farmers with up to 80% of the resources they need to enhance their agricultural activities.
The primary objective of the grant scheme is to upgrade irrigation and drainage networks, roads, and post-harvest handling facilities on Government-owned lands spanning 795 hectares in Amity Hall and Bridge Pen, St Catherine, and Parnassus in Clarendon. By investing in these crucial infrastructural improvements, the AIC aims to enhance agricultural productivity and support the growth of agri-business in the country.
The grant scheme is being made possible through a £16.7 million grant from the United Kingdom Caribbean Infrastructure Fund (UKCIF), and it will be administered by the Caribbean Development Bank. Prime Minister Holness encouraged small farmers to seize this opportunity and apply for the matching grants provided by the AIC.
The announcement came during the prime minister’s speech at the Denbigh Agricultural Industrial and Food Show, where he also emphasized the importance of entrepreneurship in the agriculture sector. Holness highlighted the need for coordination between farmers, entrepreneurs, and technology to maximize the potential of agricultural opportunities in Jamaica. He emphasized the significance of achieving self-sufficiency in food production, particularly in times of external shocks such as drought, hurricanes, and price increases.
Jamaica has over 200,000 hectares of arable land, with only around 31,000 hectares currently being cultivated. Holness stressed the importance of expanding agricultural outputs and investing in agricultural infrastructure, specifically irrigation systems. He revealed that ongoing irrigation projects in the Essex Valley and Southern Plains will irrigate an additional 5,200 hectares of land, increasing the proportion of irrigated arable land in Jamaica to 18%.
Furthermore, the prime minister announced plans for the Pedro Plains project, which will further contribute to Jamaica’s goal of irrigating a larger portion of its arable land. The government is committed to expanding agricultural activities and aims to achieve a level of self-sufficiency that allows for surplus production and potential exports to neighboring countries.
In conclusion, the launch of the AIC’s grant scheme for small farmers represents an important step towards empowering Jamaica’s agricultural sector. By providing financial support and upgrading essential infrastructure, the AIC aims to boost productivity and create opportunities for farmers to thrive. Prime Minister Holness’ commitment to expanding agricultural outputs and achieving food security underscores the government’s dedication to the well-being of its citizens and the nation’s overall development.