US$18M agreement: Over 4000 local farmers, women, youth to benefit from nationwide agri push

More than 4,300 farmers across all 10 regions in Guyana will benefit from a US$18 million financing agreement inked between the Guyana Government and the CARICOM Development Fund (CDF) to kickstart the Agricultural and Infrastructural Development Programme (AIDP).

Senior Minister with Responsibility for Finance Dr Ashni Singh and CEO of CARICOM Development Fund Rodinald Soomer signing the US$18 million financing agreement

Forty per cent of these beneficiaries will be women and youth, who are engaged in cultivation and swine farming, as well as agro-processing. The programme will allow for a further boost to Guyana’s agriculture sector in the form of support for compliance with food safety, sanitary and phytosanitary standards in the sector.
The agreement was signed on Tuesday at the Ministry of Finance in Georgetown by Senior Minister in the Office of the President with Responsibility for Finance and the Public Service, Dr Ashni Singh, and CDF’s Chief Executive Officer, Rodinald Soomer.
According to the CDF Head, the US$18 million programme is a bold and strategic investment in the fulfilment of the Caribbean Community and Guyana’s shared vision for a resilient, productive and inclusive agricultural sector that not only feeds the nation, but nourishes the region and reinforces Guyana’s leadership role in advancing food and nutrition security in CARICOM.
“This programme is intended to enrich lives, uplift local communities and regions, and create new economic opportunities for producers and processors of coconuts, cocoa, coffee, peanuts, pigs and pork products, honey and associated by-products and vegetables,” he explained.

Tuesday’s agreement signing was witnessed by representatives of the Ministries of Agriculture and Finance in Georgetown

The CEO added that under the AIDP, the foundation for a safer, more competitive agricultural sector will be laid, with the construction of a modern swine abattoir, 13 new or upgraded agro-processing facilities, and eight enhanced surveillance outposts to enable officers to execute their duties under conditions which are more conducive and should yield better results in combating the prevalence of the carambola fruit fly.
Meanwhile, Minister Singh thanked the CDF for its support over the years, noting that Guyana is proud to be a founding member of the institution and to have benefited from the Fund’s activities over the years.
“As a Government, led by His Excellency President Irfaan Ali, we recognize the importance of a strong and competitive non-oil economy, and I want to assure you that we consider agriculture and agricultural products to be a principal pillar of our non-oil economy, and we anticipate that long into the future, agriculture will remain an important source of economic growth and an important contributor to livelihoods, in particular rural and hinterland livelihoods,” Dr Singh explained to CDF’s CEO.
He added that Guyana will long maintain and further enhance its position in relation to the achievement of food security for the Caribbean region more broadly, noting that this project and others like it, have a very important role to play in ensuring the country realises this achievement.
Dr. Singh also outlined various agricultural projects supported by the CDF over the years, including farm-to market roads, highlighting that this project, which will be implemented by the Ministry of Agriculture under the leadership of Minister of Agriculture Zulfikar Mustapha, also aligns closely with Guyana’s and the CARICOM Region’s food security agenda.
“This project is in a sector that is extremely important and it aligns closely with our national development priorities, and with the regional agenda on food security,” he concluded.
With President Irfaan Ali being CARICOM’s lead representative for agriculture in the region, the project’s proposed activities have notably satisfied several aspects of CARICOM’s goal of reducing the region’s food import bill, as well as in the areas of food and nutrition security, implementation and operationalisation of sanitary and phytosanitary- related policies, and increased production and climate smart agriculture.
The programme will contribute to the Government’ s broader diversification strategy including through the further development in agriculture, one of the country’s main non-oil sectors. With most agriculture concentrated on the coast facing challenges such as climate change risks and reduced availability of water and suitable land, Guyana’s Ministry of Agriculture aims to increase production and value addition in selected commodities. Through projects such as this, the Ministry will be in a stronger position to propose policies and investments that generate the highest return for the country, in line with Guyana’s National Strategy for Agriculture (2020 – 2030).