Kazim Hosein, Minister of Agriculture, Land and Fisheries yesterday distributed over $3 million in grants to thirty-one (31) farmers as part of Cycle 7 of the Agricultural Finance Support Programme (AgroIncentive Grant) at the Ministry’s Head Office in Chaguanas.
In a media release, the Ministry said the Agro-Incentive Grant is a pivotal component of the Ministry’s vision for a modern, competitive, and sustainable agricultural sector.
” It symbolizes the Ministry’s commitment to fostering innovation, resilience, and sustainability within the agricultural community.”
In his address, Minister Hosein emphasized the significance of this initiative, stating, “Throughout our proceedings today, you will all recognize that the Ministry of Agriculture, Land and Fisheries is not just funding projects. We are investing in the potential of our land, the ingenuity of our people, and the health of our nation.”
The Minister further highlighted the broader economic implications of the grant, noting that it extends far beyond immediate financial support.
“By fostering a culture of innovation and efficiency, we are paving the way for Trinidad and Tobago to become a leader in the Caribbean’s agro-industry. This initiative is a cornerstone in our efforts to achieve food security, reduce our import bill, and open new avenues for export,” he added.
The 31 grant recipients represent a diverse cross-section of the agricultural sector, including small-scale farmers and large agribusinesses.
The funds will be used for various innovative projects such as state-of-the-art irrigation systems, hydroponic systems, solar panel installations, farm improvements to meet Good Agricultural Practices (GAP) standards, investments in new breeding stock for livestock, and advanced fishing equipment.