Fri | Nov 15, 2024

JBM, Agro-Invest sign MoU to transform former bauxite lands into agricultural hub

Published:Friday | November 15, 2024 | 12:08 AM
Vivion Scully (seated at left), CEO, Agro-Invest Corporation, and Donna Marie Howe (seated at right), managing director, Jamaica Bauxite Mining, sign the memorandum of understanding while (standing from left) Phillip Garvin, Dahlia Dwyer Hodelin, Keisha Sc
Vivion Scully (seated at left), CEO, Agro-Invest Corporation, and Donna Marie Howe (seated at right), managing director, Jamaica Bauxite Mining, sign the memorandum of understanding while (standing from left) Phillip Garvin, Dahlia Dwyer Hodelin, Keisha Schooler, Dr Lillymae Walder, Sandre Rhoden, and Owen Scarlett look on.

THE JAMAICA Bauxite Mining Limited (JBM) and Agro-Investment Corporation (Agro-Invest) have entered a memorandum of understanding (MoU) to drive agricultural development and investment in Jamaica by converting former bauxite mining lands into innovative agricultural hub. This collaboration aligns with the Ministry of Agriculture, Fisheries, and Mining’s goals of advancing sustainable agribusiness and climate resilience.

Under the MoU that was executed on November 7, the entities have agreed that on JBM’s former bauxite lands in Lydford, St Ann, a designated 670 acres will be used to facilitate the development of a transformational and technologically advanced agro-park.

The agro-park will serve as a model for sustainable agribusiness, employing climate-smart practices and offering lease opportunities for investors, and for small and medium-size farmers through the Rural Agricultural Development Authority (RADA). The JBM already has existing farmers utilising some of these lands. The initial phase of the plan seeks to regularise these farmers, ensuring support is given to enhance their productivity. This regularisation step will complement the transition into the progressive agro-park.

Farmers within the agro-park will benefit from access to irrigation systems, cold-storage facilities, vertical farming or greenhouses, and transportation networks. These resources will enable them to grow high-quality crops and reduce post-harvest losses, ensuring a consistent supply of fresh produce for both the domestic and international markets.

Agro-Invest will lead the design and operational model, coordinate with stakeholders, and offer technical expertise in areas like agronomy, land management, and resource planning. Both entities aim to attract investments that will support infrastructure, operations, and growth in Jamaica’s agricultural sector, enhancing production efficiency, crop diversification, and enhance supply chains.

KEY OBJECTIVES OF THE MOU

• Utilise former bauxite land for productive agricultural purposes

• Establish a framework to promote investment in agriculture and agribusiness

• Facilitate market linkages between farmers and high-demand sectors, such as the expanding tourism sector

• Support sustainable development through climate-smart technologies and environmentally friendly practices

The MoU further outlines the establishment of a Project Management Committee to oversee the collaboration and ensure the successful execution of shared goals of the MoU.

Beyond farming, the agro-park will also support youth engagement and community empowerment. Both entities believe it is essential to attract the next generation of agricultural entrepreneurs, and the agro-park will offer training programmes, internships, and mentorship opportunities. By engaging young people, they aim to inspire innovation and ensure the long-term sustainability of the agricultural sector.

“This partnership reflects Agro-Invest’s commitment to transforming underutilised lands into productive agricultural assets that benefit both the economy and the environment,” said Vivion Scully, CEO of Agro-Investment Corporation. “Together with JBM, we aim to establish a sustainable model that empowers local farmers and contributes to Jamaica’s food security and economic growth.”

Donna Marie Howe, managing director of JBM, added, “Through land reclamation efforts, we restore the fertility and productivity, giving new life into productive farmlands. This process rejuvenates the environment and unlocks new economic opportunities for farmers and their community agricultural hubs. Our collaboration with Agro-Invest will drive meaningful change. It will engender a platform for agro-processing and value-added production. By supporting farmers in converting raw produce into finished products, we help them capture greater value and expand into new markets. This shift from primary production to value-added activities will play a key role in strengthening Jamaica’s agricultural exports and increasing profitability for local small and medium farmers to thrive in a modern agricultural landscape. These collaborations will create an interconnected network that supports the entire agricultural value chain”.

JBM’s commitment to agriculture extends beyond the agro-park. We will continue working with farmers, communities, and policymakers to develop initiatives that promote sustainable practices, economic growth, and social well-being. Through initiatives like this MoU, JBM and Agro-Invest,will continue to be a contributor and beacon for national development. Together, we will cultivate a future where agriculture grows alongside other sectors, ensuring prosperity and sustainability for all,” Howe said.