Caribbean AgTech Investment Opportunities

Caribbean AgTech Investment Summit, 2021

A BRIEF OVERVIEW OF THE AGRICULTURE SECTOR

The main agricultural crop is

The Government will focus on the expanding production capacity, improving the legislative environment and increasing exports since the sector remains a key component of the local economy for employment generation, foreign exchange earnings and food security. Incentives/Concessions for the Agricultural Sector: Specific concessions for Agriculture and Fisheries are as follows: 1. Exemption from income tax payment 2. Exemption from payment of service charges 3. Exemption from excise tax 4. Exemption from import duties 5. Fuel rebate for registered Fishermen For further information, please visit our website: www.sice.oas.org/SMECH/LCA/Act_13_of_2014_ e.pdf

Bananas

Other crops grown are

Coconuts Cocoa Beans

Mangoes Avocados Plantain

Yams & Sweet Potatoes

Breadfruits

Vegetables Citrus Fruits

The livestock sector is small dominated by the

Chicken

Pork

with fishing activities also playing an important part.

63