Caribbean Export 2021 Annual Report FINAL

CARIBBEAN AGRICULTURAL TECHNOLOGY (AgTech) INVESTMENT FORUM

Creating opportunities to boost the AgTech sector is a priority for Caribbean Export. The Agency hosted the first Caribbean AgTech Investment Forum in collaboration with the Caribbean Association of Investment Promotion Agencies (CAIPA), the Caribbean Agribusiness Association (CABA) and Europe-Africa-Caribbean- Pacific Liaison Committee (COLEACP) on October 5-7, 2021. The event sought to promote the Caribbean as a place for investment in high-tech agribusiness ventures, generate investment and re- investment into the AgTech sector in the Caribbean and showcase opportunities or areas for investment in high-tech or smart agricultural ventures. Attracting more than 500 delegates over the 3-days from 67 countries, attendees explored how agricultural technology companies in the Caribbean can bolster productivity, decrease costs and mitigate the effects of climate change by adopting

“Since the hosting of our first AgTech Summit, CAIPA has worked with Caribbean Export to develop an AgTech Working Group which includes CompeteCaribbean, COLEACP and the CARICOM Secretariat. We have also developed a draft AgTech Strategy for implementation this year with targeted initiatives to attract FDI into the region. Investment in agriculture is our best weapon against continued food insecurity and CAIPA intends to play its part in alleviating this

unsustainable situation.” Annette Mark – President of CAIPA

Annual Results Report - 2021 | Building Business, Transforming Lives for a Resilient Caribbean 29

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