INVESTMENT OPPORTUNITIES IN JAMAICAN AGRICULTURE

[Pages:87]Government of Jamaica Ministry of Agriculture and Fisheries

INVESTMENT OPPORTUNITIES IN

JAMAICAN AGRICULTURE

LONDON MARCH 2011

Presentation

? WHY AGRICULTURE AS AN INVESTMENT OPPORTUNITY ?

? WHY INVEST IN AGRICULTURE IN JAMAICA ?

? WHAT ARE THE OPPORTUNTIES FOR INVESTMENT?

? WHAT ARE THE POLICY AND INFRASTRCUTURE ENABLERS FOR INVESTMENT?

? WHERE TO BEGIN THE DUE DILLIGENCE AND BUSINESS CASE DEVEOPMENT?

Presentation

? WHY AGRICULTURE AS AN INVESTMENT OPPORTUNITY ?

? WHY INVEST IN AGRICULTURE IN JAMAICA ?

? WHAT ARE THE OPPORTUNTIES FOR INVESTMENT?

? WHAT ARE THE POLICY AND INFRASTRCUTURE ENABLERS FOR INVESTMENT?

? WHERE TO BEGIN THE DUE DILLIGENCE AND BUSINESS CASE DEVEOPMENT?

Global Trends Impacting Agriculture

? The projected increase in global population growth ? 2.5 billion or 37.3% (UN) by 2050 thus doubling of current food demand by 2050

? The challenge to double food production exacerbated by climate change

? The competing use of agricultural output ? Food, Fuel, Feed

? The projected long term increases in commodity prices

Presentation

? WHY AGRICULTURE AS AN INVESTMENT OPPORTUNITY ?

? WHY INVEST IN AGRICULTURE IN JAMAICA ?

? WHAT ARE THE OPPORTUNTIES FOR INVESTMENT?

? WHAT ARE THE POLICY AND INFRASTRCUTURE ENABLERS FOR INVESTMENT?

? WHERE TO BEGIN THE DUE DILLIGENCE AND BUSINESS CASE DEVEOPMENT?

Strategic Vision for Agriculture in Jamaica (Vision 2030)

An Agriculture Sector that : i) is driven by private sector investment within a policy and regulatory framework that fosters competition and transparency;

ii) is competitive in Jamaica and in regional and international markets;

iii) contributes to the long-term socio-economic development of Jamaica;

iv) is environmentally sustainable with increased use of renewable energy sources and minimal harmful environmental impacts; and

v) is knowledge-driven based on widespread use of appropriate technology and supported by relevant research and development.

The implementation of our strategy is assisted by technical and funding support from our Regional

and International Partners

Our main International Partners for the agricultural sector include:

? The European Union (EU) ? Food and Agriculture Organization (FAO) ? Inter-American Institute for Co-operation in Agriculture (IICA) ? Common Fund for Commodities (CFC) ? The International Fund for Agricultural Development (IFAD) ? Inter-American Development Bank (IDB) ? Caribbean Development Bank (CDB) ? US Agency for International Development (USAID) ? Technical Centre for Agricultural and Rural Cooperation (CTA) ? Canadian International Development Agency (CIDA)

? Spanish Agency for International Co-operation (AECI)

Jamaica has a value proposition as a source for agricultural commodities and products

? Jamaica fits into the global business model to support and meet demand for global Agricultural output (a portfolio management approach of strategic sources of combined inputs-land, water, climate etc).

? Jamaica is a strategic option for source of high value commodities and niche value added products based on its geography and unique flavor profiles - Spices (ginger, pimento, tumeric, hot pepper)

? `Jamaica' as a brand can be leveraged both to the Diaspora, other ethnic and specialty niche markets.

? Jamaica has an ideal geographic location linking North America and Europe to the Caribbean and Latin America for efficient transportation of goods

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