GOVERNMENT has identified a host of
investment opportunities in the agricultural sector which interested persons
can explore. This was disclosed by Food Production Minister Vasant Bharath when
he addressed the opening ceremony of the 2012 Trade and Investment Convention
(TIC) at the Hyatt Regency Hotel in Port-of-Spain last Wednesday.
Reminding his audience that Government
recently launched the 2012-2015 National Food Production Plan, Bharath said
this publication is now being supplemented by another one which is entitled
“investment opportunities in agriculture.” He explained the latter “gives you
all the information that you require to invest in the agriculture sector.”
Bharath spoke about the booklet again at the post-Cabinet news conference at
the Office of the Prime Minister in St Clair last Thursday.
This booklet lists a range of vegetables, fruits, food from animals, fish and other crops which interested persons can invest in and what are their respective potentials.
For example the booklet lists the potential value of pineapple as $3.2 million, its current market value is $2.1 million per annum and its targeted growth market is to 2015 is 700 tonnes. Marketing avenues for pineapple include juices, jams and jellies.
Processed pineapple products can be exported through free trade agreements with the United States, European Union, Panama, Canada, Costa Rica and Caricom.
Noting that trade ambassador Mervyn Assam has stressed the need for agriculture to become “sexy,” Bharath said he has underscored the need for agriculture to be viewed as a business and felt it was a “bittersweet moment” that agriculture was being so prominently promoted at the TIC.
This booklet lists a range of vegetables, fruits, food from animals, fish and other crops which interested persons can invest in and what are their respective potentials.
For example the booklet lists the potential value of pineapple as $3.2 million, its current market value is $2.1 million per annum and its targeted growth market is to 2015 is 700 tonnes. Marketing avenues for pineapple include juices, jams and jellies.
Processed pineapple products can be exported through free trade agreements with the United States, European Union, Panama, Canada, Costa Rica and Caricom.
Noting that trade ambassador Mervyn Assam has stressed the need for agriculture to become “sexy,” Bharath said he has underscored the need for agriculture to be viewed as a business and felt it was a “bittersweet moment” that agriculture was being so prominently promoted at the TIC.
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