Guyana’s coconut industry is set to undergo further development, with an additional 1,000 acres earmarked for coconut production by the end of the year.
This expansion is part of the sector’s ongoing diversification efforts to enhance productivity and contribute to economic growth.
In the current year, Guyana has acquired 13,000 high-yielding Brazilian green dwarf coconut seed nuts, representing a strategic investment of $12 million.
Another batch of 13,000 coconuts is in the process of being imported, with the establishment of nurseries across the country to support the growth of this valuable crop.
Agriculture Minister Zulfikar Mustapha emphasized the government’s commitment to the coconut industry’s expansion.
Nurseries have been set up in seven regions, and there are plans to extend this initiative to other regions, recognizing the tremendous potential for coconut cultivation.
Minister Mustapha highlighted the value-added aspects of coconut waste material, which are now utilized in the agriculture sector for purposes such as mulching and other agricultural applications.
This approach aligns with sustainable practices and maximizes the utility of coconut resources.
The growth of the coconut industry has garnered international attention, with specialists from India visiting Guyana to conduct a comprehensive study.
The findings of this study will contribute to accelerating the industry’s growth, bringing new insights and strategies for sustainable development.
As Guyana continues to invest in and expand its coconut industry, it not only strengthens the agricultural sector but also opens up opportunities for economic diversification and increased export potential.
The utilization of coconut resources in various applications further underscores the versatility and importance of this tropical crop.