Promoting and Facilitating Agri-Business Investments

Who We Are

The Agri-Investment Corporation is the agri-business facilitation arm of the Government of Jamaica’s Ministry of Industry, Commerce, Agriculture and Fisheries responsible for stimulating, facilitating and developing agriculture.

Main Services

  • Business Planning
  • Agricultural Investment Facilitation
  • Investment Advisory Services
  • Business Counselling
  • Investment Promotion
  • Marketing Support
  • On Farm Technical Support

Products offered

  • Business Plan Preparation
  • Agro Park Lands
  • Agricultural Lands
  • Processing Facilities
  • Cold Storage
  • Warehousing
  • Logistics

Agro-Investment Corporation is an agricultural investment facilitation, advisory and management company. We function as the business facilitation department within the Ministry of Agriculture and Fisheries, with a focus on agricultural investment promotion and facilitation, project development and market development. Agro-Invest covers the investment chain from the identification of opportunities through feasibility studies, due diligence and business planning to fundraising, project management, long term business performance monitoring and technical support. Agro-Invest seeks to activate, stimulate, facilitate and undertake agricultural development for economic advancement and well-being of the Jamaican people.

At Agro-Invest we see agricultural production as a business activity that must be propelled by market intelligence. We provide entrepreneurs and existing agro-producers with a highly diverse, innovative and competent staff to aid the transition into value-added production and modernize marketing systems being utilized.

Strategic Objectives

There are six (6) strategic objectives that will seek to ensure that the Mission is realized.
These are:
  To achieve a positive return on investment in the Agro-Invest.
  To enhance the utilization of government owned agricultural assets.
  To attract and retain new investors in the agricultural sector.
  To increase the attractiveness of the sector to younger, skilled and trained entrepreneurs.
  To strengthen identified competitive and relevant agro-industries and sub-sectors.

History

Agro-Investment Corporation (Agro-Invest) is an agricultural investment facilitation entity arising from the closure of Agricultural Support Services Productive Projects (ASSP) and the need for a revitalization of the Agricultural Development Corporation (ADC). Cabinet in October 2008 gave approval for a merger to allow for a cohesive and supportive environment for sustainable agricultural development. However based on legal advice it was later felt that a merger was not necessary for the execution of the intended mandate of the Agro-Invest, and so a name change from The Agricultural Development Corporation Act to the Agro-Investment Corporation Act was passed on June 1, 2009. This gave birth to the Agro-Investment Corporation

The Agricultural Support Services Productive Projects Fund Limited (ASSPPFL)

The ASSPPFL is a wholly owned Government of Jamaica company that was incorporated under the Companies Act in 2001. The Company was established to mobilize and manage a pool of funds, made available by the IDB, to enhance the competitiveness of Jamaica's  agriculture in domestic and global markets. The company was established with wide ranging powers that include, inter alia, the following:

  To receive contributions or donations of funds and resources from international or national sources and to invest such funds and resources in such projects, ventures of activities as may be determined from time to time
  To advance or lend money for the purposes of carrying out the objects of the company
  To provide financial assistance, as appropriate, to organizations for establishment, carrying on or expansion of development enterprises
  To borrow or raise money (with approval of the Minister of Finance)
  To invest the capital and funds of the company in any fixed income securities issued by the GOJ or any reputable financial institution

The Agriculture Development Corporation

The ADC was established under the ADC Act of 1952 to encourage, assist and promote the development of agriculture in Jamaica. Its functions included facilitating, processing and marketing of agricultural produce through the use of lands owned by the ADC or managed on behalf of the MoAF. Over the years the Corporation has contracted its operations and now owns and manages the Amity Hall farm, Minard, New River farms and the Agricultural Marketing Corporation (AMC).

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