2022-05-25

Guyana among 12 countries selected for FISH4 ACP programme!

Guyana, the largest producer of Atlantic seabob, is one of two Caribbean countries and one of 12 countries in the Africa, Caribbean and Pacific (ACP) selected for the ‘FISH4ACP’ programme.

The initiative seeks to enhance the productivity and competitiveness of the Atlantic seabob fishery in Guyana, where it is expected that the emerging oil and gas sector will increase demand.

Permanent Secretary of the Ministry of Agriculture Delma Nedd.

Local stakeholders including from the Ministry of Agriculture’s Fisheries department, the Guyana Fisherfolk Organisation, and the Corentyne Fishermen’s Co-op society, on Wednesday, signed what is called the “Declaration of Georgetown” which signals the implementation of the seabob shrimp value chain upgrading strategy in Guyana.

Speaking to the gathering of stakeholders, Permanent Secretary of the Ministry of Agriculture Delma Nedd, noted the importance of the fisheries sector in the area of food security, as fish is the main source of animal protein in Guyana.

The fisheries stakeholders at the launch of the FISH4ACP Programme

“Therefore, the main objective of this project, which is to contribute to poverty reduction, job creation, food and nutrition security, directly aligns with the vision of the fisheries sector in Guyana,” Nedd said.

She noted that the local sector employs approximately 12,000 people in harvesting, 5,000 in processing and marketing, amounting to 15, 000 jobs directly depending on fishing, with more benefitting indirectly.

She noted that there has been much improvement in the sustainable development of the industry in recent years, such as acquiring the requisite standards for fish export to the EU market, and has commenced exporting to the EU and the US markets.

“The seabob shrimp industry has attained marine stewardship certification, which allows access to premium process for sustainable harvested seabob shrimp,” Nedd noted.

She said Guyana has been investing a lot to fully realise the potential of the aquaculture industry, despite being at a very early stage.

“Having recognised high production costs, the government has pledged its commitment, by allocating a 65 percent increase in our 2022 budget, that is $430 million.

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United Nations IDPAD Program

Funding provided by Caribbean Development Bank and the 11thEDF Regional Private Sector Development Programme Technical Assistance Programme.
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