Mango Agro-Park Investors Commit To Multimillion-Dollar Spend

The 13 investors selected to engage in production at the Toll Gate Mango Agro-Park in Clarendon have each committed to investing at least $20 million in their projects.

Selected from 55 applicants, the 13 large investors will cultivate East Indian and Saint Julian mangoes on the 935-acre property managed by the Agro-Invest Corporation.

The mangoes are for export markets in the United States (US), Canada, the United Kingdom (UK) and the Cayman Islands.

Minister of Agriculture and Fisheries, Hon. Pearnel Charles Jr., said that “approximately 400 residents in communities around this project will benefit through job creation, business innovations, and community enrichment”.

He was speaking at the recent handover of leases to 20 young farmers and investors at the agro-park.

Meanwhile, the National Irrigation Commission (NIC) will be facilitating the design, implementation, and maintenance of irrigation services within the agro-park.

This follows investment of $128 million by the Ministry to establish the first 60 acres with irrigation, as well as roads and a drainage system.

“The Government is committed to the continued support of this project and has added another $70 million in the financial year 2022/2023 to support irrigation infrastructure.

“Once again, this illustrates our level of commitment to helping the investors and farmers within these productive agricultural spaces to thrive. It is more than just the offering of access to land, but also the support to effectively help you to utilise the opportunities given,” Minister Charles Jr. said.

The AIC will also be providing strategic management and technical support to the investors, as well as help to foster market linkages and manage the value chain.