Tuesday, July 23, 2024
HomeBusinessClimate / EnvironmentCDB, OECS, DYBT launch project supporting development of Dominica Agro-processing Sector

CDB, OECS, DYBT launch project supporting development of Dominica Agro-processing Sector

ROSEAU, Dominica, (OECS) – Agro-processors in Dominica are going to receive the resources and training needed to create even better products and enhance the competitiveness of the sector.

The Caribbean Development Bank (CDB) through its Caribbean Technological Consultancy Services Network, has committed US$140,000 to a two-year project being executed in collaboration with the Organisation of Eastern Caribbean States (OECS) in partnership with Dominica Youth Business Trust.

The project, which was launched on March 3, seeks to strengthen the capacity of agro-processors in key areas, namely, production, costing and pricing, nutritional analysis, and packaging and labelling. This is to enable agro-processors to meet the requirements of both local and external markets. It also includes a feasibility study for the establishment of a rotating processing facility, primarily for those who are not able to purchase the required equipment to set up their own processing facility.

Ian Douglas, Dominica’s minister for trade, commerce, entrepreneurship, innovation, business and export development hailed the project as “a timely one as we seek to focus on increasing quality and volumes of our value-added agro-products for export and local consumption.”

Miguel Almeyda, head of the private sector division at CDB outlined the bank’s vision for the project, said:

It is envisioned that this far-reaching project will create strong linkages, contributing to sustained employment and livelihood of the farmers who supply primary agricultural products, as well as owners and employees of agro-processing enterprises. In addition, agro-processed products will help to meet the needs of the local tourism industry as well as other consumers and buyers such as households and supermarkets. Further, a thriving agro-processing sector engaged in exports will contribute to increased foreign exchange earnings for Dominica.”

CDB’s support of this project complements ongoing efforts by the government of Dominica to create an enabling environment for businesses and persons engaged in agro-processing to diversify the agriculture sector”, Miguel added.

The project also aligned with the OECS’ priorities for agriculture, according to Ricardo James, officer in charge, OECS competitive business unit, noted: “The project’s goals and objectives are top priority for the OECS which is why we welcomed the opportunity when we were asked by the CDB to work with the Dominica Youth Business Trust to support the execution of this project”.

Dominica’s director of agriculture, Ricky Brumant highlighted the ways in which the project could benefit the wider society.

The launch of this project and its eventual implementation is significant to agro-processors, farmers, youth and to the citizens of Dominica on a whole.Value addition through agro-processing provides a wider basket of trading products on the market”, said Brumant.



Please enter your comment!
Please enter your name here


Caribbean News

St Lucia announces new law for Piton Management Area

By Caribbean News Global contributor SOUFRIERE, St Lucia - The government of Saint Lucia has demonstrated its commitment to maintaining the Outstanding Universal Value of...

Global News

D-Link unveils the G530 5G NR AX3000 Wi-Fi 6 Router

TAIPEI, Taiwan - D-Link Corporation (TWSE Code: 2332), a global leader in networking solutions, proudly announces the launch of its cutting-edge G530 5G NR AX3000...