2014News

RD$1 billion for organic banana plantations

Minister of Agriculture Angel Estevez, Minister of Environment Bautista Rojas Gomez, and deputy Minister of Economy Juan Reyes have announced an agreement to provide RD$1 billion in financial support to organic banana producers. The Dominican Republic is the world leader in organic banana exports.

An estimated 20,000 farmers from Azua in the southwest and in the country’s northwestern provinces will benefit from the cooperation agreement, which is aimed at increasing farmer competitiveness and productivity. The program objectives are to increase productivity from 1.8 to 2.5 boxes per tarea (629 square meters) per week, a 10% increase in national exports, a 50% reduction in agrochemicals and a 20% increase in labor force.

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