Trinidad land deal almost finalized – Dr Ramsammy
October 5, 2014, By KNews, Filed Under News, Source - Kaieteur News
Agriculture Minister Dr. Leslie Ramsammy has said that several aspects of the Trinidadian land deal will be finalized by next week.
The land deal between the two Caricom nations would see large-scale farming done in Guyana by investors from the twin-island republic.
Ramsammy, during the opening of Guyexpo 2014, said that the Trinidad Ministry had advertised and was required to get the investors together.
He said that outside of the mobilization of the private sector, individual private investors have been approaching the Guyana Government.
“So far we have been dealing with an investor for citrus and one for aquaculture.” Within a week’s time Ramsammy said that he and the Trinidadian Agriculture Minister, Devant Maharaj, are expected to meet in Suriname as Caribbean Week of Agriculture kicks off.
Dr Ramsammy noted too that while it has been agreed that 10,000 acres of land in the Canje Basin will be used by the Trinidadian investors, the Agriculture Department in Trinidad and Tobago and the National Agricultural Research and Extension Institute (NAREI) are working earnestly to finalize the first set of crops to be planted.
The planting of corn, soya, cassava, and legumes as well as the rearing of fish and poultry are the activities the parties are considering at the moment. When the two parties have completed their work, the countries will finalize the logistics.
Dr Ramsammy said that the finalization of this agreement will also pave the way for Guyanese farmers to easily access the Trinidad market. This has been an issue for some farmers in the past.
Last year September, Guyana and Trinidad signed a Memorandum of Understanding (MoU) for the release of land to investors and farmers of the twin island. Guyanese farmers pay approximately $1000 per acre annually; that fee varies based on the geographical area, crop cultivated, and the size of the investment.
The agreement addresses several areas including programmes and activities, core areas of cooperation, monitoring and coordinating mechanism, mutual responsibility, commitments and rights and obligations.
Besides the 500,000 hectares that is under full cultivation, Guyana has 3.3 million hectares of potential agricultural land remaining.
The Trinidad and Tobago Agriculture Society, United Farmers Association, and the Trinidad and Tobago Cane Producers Association have objected to the MoU signed between Trinidad and Tobago and Guyana.
Source - http://www.kaieteurnewsonline....nalized-dr-ramsammy/