CARANA logo

News Library

Newly launched project in Guyana will bring innovation to both agriculture and aquaculture

The United Kingdom Department for International Development (DFID) launched a £1.3 million project to support growth in non-traditional agriculture and aquaculture yesterday at the Satyadeow Sawh Aquaculture Station in Mon Repos, Guyana. The project, called the Guyana Agricultural Diversification Program (GADP) and implemented by CARANA, will create over 1,000 new jobs and has major goals of raising sustainable fish exports from 1,000 kg per week to 12,000 kg per week and raising non-traditional horticulture exports (including peppers and squash) from 1,000 kg per week to 16,000 kg per week. The program builds on the successful pilots developed under the USAID-financed GTIS program, which demonstrated the viability of applying advanced technology to capitalize on concrete market opportunities. By improving the value of sales relative to more traditional commodities such as sugar and rice, the program will contribute to reduce poverty in the country, as 41% of people living under the poverty line currently work in the agricultural industry.

At the GADP launch, from left to right: Matt Butler, Deputy Head and Senior Economic Adviser DFID Caribbean; Andrew Ayre, British High Commissioner; Minister Honorable Dr. Leslie Ramsammy, Ministry of Agriculture; Eduardo Tugendhat CEO CARANA.At the GADP launch, from left to right: Matt Butler, Deputy Head and Senior Economic Adviser DFID Caribbean; Andrew Ayre, British High Commissioner; Minister Honorable Dr. Leslie Ramsammy, Ministry of Agriculture; Eduardo Tugendhat CEO CARANA.

The project was designed within the “Making Markets Work for the Poor” (M4P) conceptual framework. Several features make it particularly innovative: 1) payments will be based on achieving tangible milestones, namely, increasing acreage under production and streamlining the export process; 2) CARANA commits to facilitating millions of dollars of private investment to ensure commercial scale, including equity participation in a Guyanese anchor farm; and 3) the project will establish long-term linkages with strategic buyers. The sustainability model involves a commercial joint venture that will develop and manage a commercial scale farm as well as provide marketing and technical services; the model will also provide quality inputs and logistics for smaller scale farmers.

Andrew Ayre, British High Commissioner, and Minister Honorable Dr. Leslie Ramsammy from the Ministry of Agriculture inspect tambaqui (freshwater fish) fingerlings that GADP donated to the Ministry for research purposes. Andrew Ayre, British High Commissioner, and Minister Honorable Dr. Leslie Ramsammy from the Ministry of Agriculture inspect tambaqui (freshwater fish) fingerlings that GADP donated to the Ministry for research purposes.

Published July 2013