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THE CHALLENGES

THE CHALLENGES. THE NEED FOR SOME LEVEL OF FOOD NUTRITIONAL SECURITY FOOD PRICE INFLATION GLOBAL WARMING AND THE IMPACT ON FOOD PRODUCTION WORLD FOOD SHORTAGE. THE CHALLENGES. IDLE RESOURCES: $600 MILLION IN INFRASTRUCTURAL COST IN THE DEVELOPMENT OF 7 THOUSAND 2-ACRE PLOTS

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THE CHALLENGES

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  1. THE CHALLENGES • THE NEED FOR SOME LEVEL OF FOOD NUTRITIONAL SECURITY • FOOD PRICE INFLATION • GLOBAL WARMING AND THE IMPACT ON FOOD PRODUCTION • WORLD FOOD SHORTAGE

  2. THE CHALLENGES IDLE RESOURCES: • $600 MILLION IN INFRASTRUCTURAL COST IN THE DEVELOPMENT OF 7 THOUSAND 2-ACRE PLOTS • FACTORS OF PRODUCTION: LAND, LABOUR, CAPITAL AND ENTERPRISE

  3. GOVERNMENT CARONI

  4. CO-OPERATIVE MODEL • CO-OPERATIVE BOARD • MANAGEMENT • WORKERS/MEMBERS

  5. CO-OPERATIVE MODEL EQUITY • MEMBERS’ SHARES • 2-ACRE PLOTS • INVESTMENT SHARES • LOANS

  6. CO-OPERATIVE MODEL • CONTRACTURAL ARRANGEMENTS WITH THE STATE TO PRODUCE FOOD IN AGREED QUANTITIES AT AFFORDABLE PRICES • UTILISE LAND RESOURCES WHICH FORM PART OF THE EQUITY

  7. CO-OPERATIVE MODEL • UTILISE LOAN FACILITES OF THE ADB ON A CROP BY CROP BASIS • TO MERGE ALL OTHER RESOURCES AND SERVICES BY STAKEHOLDERS TO SATISFY CONTRACTURAL ARRANGEMENTS

  8. CO-OPERATIVE MODEL • BASED ON LEVELS OF EFFICIENCY IN PRODUCTION AND GIVEN PRICES OBTAINED, OPERATIONS WILL GENERATE RETURNS OF NOT <15% PER CROP; THESE RETURNS WILL THEN BE SHARED WITH MEMBERS OF THE Co-operative AS DETERMINE BY THE BOARD

  9. GOVERNMENT CARONI UWI MINISTRY OF FINANCE CO-OPERATIVE MODEL WASA MINISTRY OF LABOUR AND CO-OPERATIVE A. ALI & CO. FACTORS OF PRODUCTION EQUITY LAND RESOURCES HUMAN CAPITAL ECIAF MALMAR NEDCO MINISTRY OF LEGAL AFFAIRS UTT ASTT NAMDEVCO ICIEA TTABA E&Y EU PCS ADB CARIRI EMBD

  10. STAKEHOLDERS MINISTRY OF FINANCE To provide advice and assistance in the raising of capital.

  11. STAKEHOLDERS ESTATE MANAGEMENT AND BUSINESS DEVELOPMENT COMPANY (EMBD) • To ensure suitable infrastructure exists in the respective locations so that cultivation activities can commence soon. • Efficient maintenance of the infrastructure.

  12. STAKEHOLDERS ESTATE MANAGEMENT AND BUSINESS DEVELOPMENT COMPANY (EMBD) • To ensure that adequate security is provided at the respective locations to curtail the dumping of rubbish, obstruction of access roads, and interference with the free flow of water courses.

  13. STAKEHOLDERS • To provide loan funding to the Co-operative. • To consider providing financial advice to the Co-operative. AGRICULTURAL DEVELOPMENT BANK (ADB)

  14. STAKEHOLDERS • To explore the viability of the Co-operative as a sound investment option AGRICULTURAL DEVELOPMENT BANK (ADB)

  15. STAKEHOLDERS TRINIDAD AND TOBAGO AGRI-BUSINESS ASSOCIATION (TTABA) • To contract the Co-operative in the production of crops at an agreed price, quantity and quality.

  16. STAKEHOLDERS CARIBBEAN INDUSTRIAL RESEARCH INSTITUTE (CARIRI) • To provide research and technical advice. • To provide laboratory testing service. • To advise on the adaptation of best practices.

  17. STAKEHOLDERS CARIBBEAN INDUSTRIAL RESEARCH INSTITUTE (CARIRI) • To advise on new techniques and technologies for combating agriculture pests and diseases thereby enhancing crop yields.

  18. STAKEHOLDERS UNIVERSITY OF THE WEST INDIES (UWI) • To provide research and development services. • To assist in networking with other academic institutions in accessing best available technologies, seed, material and best practices.

  19. STAKEHOLDERS • To assist in establishing the financial and accounting framework within which the business of the Co-operative will operate. • To provide consultancy services as and when required. ERNST AND YOUNG (E&Y)

  20. STAKEHOLDERS A. ALI & CO. • To ensure that in the establishment and operations of the Co-operative, the laws of the land are fully adhered to, and that the respective interest of all stakeholders are secured within the existing laws.

  21. STAKEHOLDERS MINISTRY OF LABOUR AND CO-OPERATIVE • Assistance in the establishment of the Co-operatives. • Guidance and supervision through its regulatory and supervisory roles.

  22. STAKEHOLDERS MINISTRY OF AGRICULTURE, LAND & MARINE RESOURCES (MALMAR) • To provide extension services in areas where such services are available • To lend technical advice in the application of best practices in the cultivation of crops

  23. STAKEHOLDERS MINISTRY OF AGRICULTURE, LAND & MARINE RESOURCES (MALMAR) • To advise on appropriate and acceptable cultivation practices to ensure that: • The health and safety of those involve in the cultivation are well protected • Chemicals and fertilizers used in the cultivation conform to local and international standards

  24. STAKEHOLDERS MINISTRY OF AGRICULTURE, LAND & MARINE RESOURCES (MALMAR) • Assist in the sourcing of good quality seed material in the right quantity and at the right time • Provide appropriate advice, information and assistance in accessing all support assistance available to farmers • Provide soil, water and air sampling

  25. STAKEHOLDERS NAMDEVCO • To provide information, advice and assistance in the certification of cultivation and harvesting practices, so that crops can be marketed locally and internationally.

  26. STAKEHOLDERS NAMDEVCO • Provide information and advice on new and emerging techniques, technologies and best practices which can be applied to the cultivation and harvesting of crops • Provide market information on supply and demand for crops locally and internationally

  27. STAKEHOLDERS PCS NITROGEN • To provide reasonably priced fertilizer, bearing in mind, that the agricultural industry as well as other down-stream industries flow from the core business of PCS • To provide technical advice on the applicability of fertilizers

  28. STAKEHOLDERS EASTERN CARIBBEAN INSTITUTE OF AGRICULTURE AND FORESTRY (ECIAF) • To provide a cadre of well trained supervisors and managers for the operations of the farmers’ Co-operative

  29. STAKEHOLDERS UNIVERSITY OF TRINIDAD & TOBAGO (UTT) • Provide a well-trained cadre of farm technician, supervisors and managers • Provide a well-trained cadre of people in all aspects of the business opportunities of the Co-operative

  30. STAKEHOLDERS AGRICULTURAL SOCIETY OF TRINIDAD & TOBAGO (ASTT) • To represent the interests of the farming community at all forums, where decisions are likely to be made, which will affect farmers.

  31. STAKEHOLDERS WASA • To provide an adequate supply of water for successful crop cultivation

  32. STAKEHOLDERS • To provide advice and support to facilitate the growth and development of the enterprise. EUROPEAN UNION (EU)

  33. STAKEHOLDERS • To provide advise and support to facilitate the growth and development of the business in the Caribbean and Latin American regions ICIEA

  34. STAKEHOLDERS NEDCO • To assist in the sourcing of the start up capital for the business • To provide entrepreneurial guidance in the growth and development of the business

  35. STAKEHOLDERS MINISTRY OF LEGAL AFFAIRS • To provide legal advice and guidance on issues of consumer affairs in relation to growth and development of the enterprise

  36. GOVERNMENT CARONI UWI MINISTRY OF FINANCE CO-OPERATIVE MODEL WASA MINISTRY OF LABOUR AND CO-OPERATIVE A. ALI & CO. FACTORS OF PRODUCTION EQUITY LAND RESOURCES HUMAN CAPITAL ECIAF MALMAR NEDCO MINISTRY OF LEGAL AFFAIRS UTT ASTT NAMDEVCO ICIEA TTABA E&Y EU PCS ADB CARIRI EMBD

  37. THE CO-OPERATIVE IN MOTION CULTIVATION CONTRACT GUARANTEED PRICE DELIVERY SCHEDULE CROP CULTIVATION CROP HARVEST CROP SALE TO TTABA LOAN REPAYMENT PROFIT SHARING DIVIDENDS INVESTMENT RETURNS

  38. THE OBJECTIVES • A RELIABLE AND SUSTAINED SUPPLY OF NUTRITIONAL FOOD, USING BEST PRACTICES. • CERTIFICATION/ASSURANCE THAT ONLY APPROVED CHEMICAL AND FERTILIZER PRODUCTS ARE USED. • MAXIMISATION OF THE FACTORS OF PRODUCTION.

  39. THE OBJECTIVES • EXTENSIVE USAGE OF RESEARCH INSTITUTES FOR CONTINUED IMPROVEMENT IN AGRICULTURAL CROPS. • CREATE A LABORATORY ENVIRONMENT FOR RESEARCH AND DEVELOPMENT

  40. THE OBJECTIVES • INVESTMENT WITH EXCELLENT RETURNS TO INVESTORS • IMPROVEMENT IN ENVIRONMENTAL AESTHETICS • PREVENTION OF ILLEGAL DUMPING OF GARBAGE • REDUCTION OF SOIL EROSION

  41. THE OBJECTIVES • FULL UTILISATION OF ARABLE LANDS • DEVELOPING A CADRE OF AGRICULTURE WORKFORCE, IE., MANAGERIAL, SUPERVISORY AND FARM LABOUR • IMPROVING COMMUNITY RELATIONSHIP

  42. The End

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