PRESIDENT, Dr Irfaan Ali underscored the transformative potential of Guyana’s agricultural sector, emphasising its role in driving economic growth and fostering entrepreneurship at the Guyana Marketing Corporation’s (GMC) annual awards ceremony and dinner held at the Ramada Princess Hotel.
Speaking passionately about the government’s commitment to agricultural development, President Ali highlighted that Guyana’s future prosperity hinges on its ability to produce and export high-quality food products regionally and globally. He emphasised the need for branding and packaging that reflect the rich story of Guyana’s agriculture.
“Investments in our agricultural sector have reached unprecedented levels,” President Ali declared, pointing to ongoing initiatives aimed at enhancing opportunities for farmers, agro-processors, and manufacturers. He noted that these investments are geared towards creating a conducive environment that supports innovation, resilience, and competitiveness.
President Ali revealed ambitious targets, including a projected US$60 million savings by 2027 through reduced importation of key agro-products. He cited the corn and soya project as a prime example, that is expected to achieve self-sufficiency by 2025 and expand into regional markets by 2027.
Highlighting the importance of infrastructure and technology, President Ali stressed the role of modern processing facilities in meeting international standards and reducing production costs. “Optimally utilised facilities certified to international standards enhance scale, reduce costs, and increase profitability,” he explained.
Looking ahead, President Ali announced plans for agri-business incubators and regional hubs specialised in products suited to each region’s competitive advantages. He outlined initiatives for large-scale production in Region One, focusing on ginger, honey, coffee, coconut, and cassava.
Moreover, the President emphasised collaboration and collective action among stakeholders, urging a shift towards collective efforts to maximise the impact of infrastructural investments. He envisioned a future where Guyana’s agro-products, including pre-packaged foods tailored for the diaspora, are prominently featured in global markets.
In closing, President Ali expressed confidence in the sector’s trajectory, highlighting ongoing discussions with the Minister of Tourism to establish Guyana Shops in major international airports. “We are poised for greater competitiveness and growth,” he affirmed, inspiring optimism among attendees and stakeholders present at the event.
