President Irfaan Ali has announced the commencement of a $4 billion investment in the initial phase of a new international port facility in Parika, Region Three (Essequibo Islands-West Demerara). This development aims to open new Caribbean markets for local farmers by providing necessary infrastructure, including cold storage and agro-processing facilities.
During a community meeting, the President emphasized that nearly $20 million will be directed towards this project, enhancing access for farmers to transport their produce across the Caribbean. To support this initiative, the government is also working on launching a ferry service aimed at facilitating market access for local agricultural products.
Recognizing the importance of infrastructure, President Ali discussed plans for investment in drainage and irrigation systems, which are vital for improving agricultural productivity and reducing transportation costs. He proposed an innovative approach empowering farmers to manage their own drainage systems while the government invests in larger national infrastructure.
He further encouraged farmers to diversify their operations into aquaculture and other high-value products, highlighting successful local initiatives such as shrimp production. The government remains committed to reducing production costs, supporting farmers through equipment investments, and promoting the use of advanced practices in agriculture.
Additionally, President Ali urged residents to reflect on the nation’s progress and make informed decisions in the upcoming elections.
Source: guyanachronicle.com
