November 21, 2024
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Discover How Guyana is Slashing Costs on Corn, Soya, and Shrimp Imports!

Imagine a future where Guyana saves millions on importing key commodities. President Dr. Irfaan Ali envisions this reality, forecasting a $60 million reduction in corn, soya, and shrimp imports by 2027.

Here’s how the country plans to achieve this economic milestone:

  • The government’s heavy investments in agriculture aim to boost local production standards.
  • The corn and soya project targets self-sufficiency by next year, with a regional market expansion by 2027.
  • Swamp shrimp production has skyrocketed, with a 700-800% increase, primed for export growth.
  • Value addition through enhanced packaging and processing will further elevate product quality.
  • Agro-processors are urged to utilize established agro-processing facilities to optimize production and minimize logistical challenges.

By harnessing these strategies, Guyana is poised to revolutionize its agricultural landscape, fostering economic growth and sustainability. It’s a transformative journey towards self-reliance and market dominance that holds great promise for the nation’s future.

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