Caribbean AgTech Investment Opportunities

Caribbean AgTech Investment Summit, 2021

A BRIEF OVERVIEW OF THE AGRICULTURE SECTOR

The agricultural sector is comprised of the crop, livestock, fishing and forestry sub-sectors. Crop production has been characterized by a tradition of banana production along with traditional non-banana crops, such as

Roots & Tubers

Short term vegetables

Citrus

Coconuts

Plantain

Fruits

Cocoa & Coffee

These locally grown crops provide the basis for a favourable level of food security, rural employment and exports to regional and extra-regional markets.

The Livestock sector

The Fishing Industry

This industry can be described as artisanal and small scale, consisting of capture fishery and aquaculture.

Poultry

Pigs

Cattle (beef & dairy)

Goats & Sheep

Dominated by poultry (layers and broilers) and pig production }

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Reared on a smaller scale

Incentives/Concessions for the Agricultural Sector: VAT exemption on imported new and used pick-ups and trucks with no value ceiling Disaster and crisis assistance Fertilizer procurement Duty free concession on agricultural input, tools, equipment and machinery

For further information, please check out our website: www.agriculture.gov.dm

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