CIF 2023 - Investment Catalogue

AGRIBUSINESS & AGRICULTURAL TECHNOLOGY DOMINICA

DOMINICA

NAME OF PROJECT: Organic Farm

The Government of Dominica is focused on increased food security in the future for the general population and lowering of imported food into the country. An announcement was recentlymade to increase the contribution of Agriculture to the GDP to 700million by 2030. This will grow the economy, alleviate poverty, create jobs and provide a more sustainable living for all. Additionally advancement is also made in the knowledge service sector to create a digital economy. We believe that now is the time for digitalization and high technology in agriculture. The idea is to increase organic agriculture throughout the island by use of modern technology and export organic food to the region and internationally while supporting the domestic market. The island has rich fertile soil and a wide variety of crops, fruits and vegetables which are already being grown. What is needed is the right technology and other species of plants to drastically increase production, have proper storage and also incorporate the use of renewable energy. Existing Dominica is known as the land of 365 rivers. As the “Nature Island” of the Caribbean, the island is branded as nature, water oriented, clean, safe and has a reputation for longevity. The surface water which runs from its tropical forests is safe for drinking and is captured in various water intakes and stored for distribution. Additionally, several natural springs runs at various locations in the interior of the island. These provide natural mineral water which flows to other rivers and outlets all year round. The water resources in Dominica have been underutilized and the island does not have a water plant producing natural spring water. Only one local investor bottles purified water. As the demand for healthy living and lifestyles increase the demand for more pure water increases and Dominica is the right choice for the source. The bottled spring/mineral water can be distributed to cruise ship, hotels, medical facilities, spas, health clubs and other major places of events and entertainment. This will increase exports, create employment and grow the economy. The branding and NAME OF PROJECT: Mineral Water Bottling

farmers with large farms and other Government lands would need to be identified for joint venture to jumpstart these projects. Project will include: 1. Farmlands 2. Administrative building 3. Processing facility 4. Storage facility 5. Equipment and machinery 6. Shop/supermarket.

MODE OF INVESTMENT: • Joint Venture INVESTMENT AMOUNT (USD) • $80,000 (minimum)

Contact Person: Ms. Rhoda Joseph E: rjoseph@investdominica.dm

packaging will be designed to promote the destination as the nature island or the water island. This project will include: 1. Land 2. Processing plant 3. Secured intake area 4. Storage facility.

MODE OF INVESTMENT: • Equity INVESTMENT AMOUNT (USD) • $250,000

Contact Person: Ms. Rhoda Joseph E: rjoseph@investdominica.dm

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