Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Guyana

Guyana seeks to make agriculture strong medium for economic, social security

byCustoms Today Report
03/07/2015
in Guyana, International Customs
Share on FacebookShare on Twitter

GEORGETOWN: Agriculture Minister, Noel Holder has expressed intention to make the agriculture sector a strong medium for moving Guyana forward and ensuring economic and social security by 2020.

During his maiden address to the 11th Parliament on Thursday last, the minister said the agriculture sector has, and continues to be, an important contributor to the gross domestic product of Guyana (GDP) and to generate employment, foreign exchange earnings, and rural and hinterland development.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

“The significant contributions of agriculture are likely to persist as a major component of Guyana’s economy in the decades to come,” he remarked.

Commenting on the rice industry, the minister said that, over the years, rice has excelled in its expansion, moving from a production of 298,125 metric tonnes (MT) in 2007 to 635,238 MT in 2014, an actual 113% increase in production. But he said there were many challenges for the rising rice industry.

He said: “We have to continue to work on securing stronger and wider markets for this industry; increasing productivity of paddy yield from the national average of 4 MT/hectare (ha) to 6MT/ha; improving the quality of rice at all stages — cleaning, drying and storage; and promoting value-added production of rice products and upland rice cultivation.

“The Ministry will promote upland commercial cultivation of rice, beginning with the Moco Moco Rice and Santa Fe projects in the Rupununi in Region 9 (Upper Takutu/Upper Essequibo), and these products can be a component for the production of poultry in the Rupununi, and (thereby) reduce imports from Brazil.”

With respect to sugar, he noted that sugar contributes almost 9.5% to Guyana’s GDP, and is a major foreign exchange earner for the country. It plays a major role in sugar communities around the plantations, providing medical facilities and contributing to the drainage of those communities.

He pointed out that the Coalition Government had allocated $3.8B to the Guyana Sugar Corporation (GuySuCo).

He added: “There has been a recent change in management to the Interim Management Committee (IMC), which will oversee the work of the Corporation for at least six months.

“These positive changes will place the operation of the 16,000-plus workers in the sugar industry on a very strong footing as we move forward,” he declared.

He noted that the agriculture sector comprises three other sub-sectors, which are: non-traditional crops (fruits, vegetables, roots and tubers, coconuts and herbs and spices) and livestock and fisheries.

He said the Ministry will fully support the productive efforts in these sub-sectors, and the same support will be given to Government services to farmers in the form of drainage and irrigation, agricultural extension and research, marketing, hydrometeorological services, pesticides and chemical services, and technical capacity through education.

He said: “In 2015 onwards, the Ministry of Agriculture will intensify its efforts to diversify and modernise the sector, overcoming barriers that presently exist. We will continue to support the sugar industry, enhance the genetic stock with improved varieties for crops and breeds of livestock, pursue food safety, improve access to more affordable and better agriculture input, further enhance drainage and irrigation systems, and enhance weather-related disaster management to accelerate the economy forward.”

Tags: Guyana seeks to make agriculture strong medium for economicsocial security

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

India’s apparel exports surge in last year

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.