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Project Management

A vital part of the Agro-Invest’s mandate is to undertake project management activities. Two projects have already been identified and will be implemented and monitored by Agro-Invest in the near future. They are:

  • Agricultural Development Fund (ADF)
  • Agricultural Competitiveness Project (ACP)

 

Agricultural Development Fund (ADF)

The ADF is intended to:

  • Establish programmes designed to ensure the sustainability of the sector, through the employment and involvement of young Jamaicans in agriculture.
  • Provide low cost loan funding for projects and activities that promote market development for agricultural products.
  • Bolster the research and technical extension capacity of the Ministry to dispense technology driven solutions to the sector.
  • Provide low cost loan funding to clearly identified high yielding and profitable agricultural ventures.
  • Provide funding support to critical enterprises which are not highly profitable, but critical for rural development, for example, the dairy and fisheries industries.
  • Promote agro-processing initiatives designed at increasing Jamaica’s value-added production.

Agricultural Competitiveness Project (ACP)

A Project Implementation Unit will have overall responsibility for the day-to-day activities, including finance and administration. The project will be implemented through four components viz:

  • Component 1 – Implementation of a marketing system
  • Component 2 – Implementation of international quality management systems
  • Component 3 – Institutional strengthening of the Ministry of Agriculture and the Agro-Invest to deliver timely, efficient and relevant customer friendly services

Click here for futher details on the International Development Bank (IDB) funded project and to access the related loan agreement documents.

 

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