RD$ 1,000 MM at the production of coffee

posted on: Dec 8 2011 7:13 by RDugey. Viewed 31 times.

The President of Industrias Banilejas (Induban), Rafael Perelló, announced an investment of more than RD$ 1 billion in a coffee farm model of 17,400 tasks, in the province Hato Mayor.

The employer emphasized that international prices of coffee to represent a great opportunity that the country should not take advantage of.

El Perelló offered information to receive recognition as Agroempresario of the year which was awarded the Dominican Agroempresarial Board (JAD).

Induban President reported that on the estate have been working thirty agronomists during the past five months.

Argued that maintained have the levels of production of the 1960s, more than one million hundredweight on average, to the coffee sector would be entering RD$ 8,500 million. He stressed that today it is reaping, with difficulty, one-third of what was the production in that decade.

agribusiness
the u000aPresident of the JAD, Gustavo Florentino, reiterated that for years the agricultural sector has been claiming clear public policies aimed at giving more credit to the field.

Criticized the existing monetary policy which, in his view, more difficult access to funding for agriculture, and that of RD$ 40,000 million who needed the sector in 2010 just received RD$ 17 billion, so it had to seek more than RD$ 20 billion in market informal

It noted that in the country it is necessary to implement a programme of certification of farmland nationwide, to hand over the land that generate results to their owners.

Florentino advocated the implementation of a new tax policy to eliminate the payment in advance of income tax to the farming, which today are done as administrative.

The Trade Union representative suggested eliminating the payment of 1% of the assets of the u000afarm, as well as taxation on sales that are made to the institutions of the State.

Raised the need for legislation to reduce or eliminate the tax on fuels and electric power is used in the operations of agro-industrial, to increase competitiveness with regard to United States, Europe and the region of Caribbean.

Florentine stressed that Dominican Republic generates more than RD$ 20 billion in agro-industrial products that satisfy most of the local demand and more than 4,000 tourists visiting the country each year.

Projection
the director of the Centre for export and investment (CEI-RD), Eddy Martínez, argued that the country has enormous potential to double the volume of exports of goods and services, which are currently around the $10,000 million, within a relatively short.

The official said that the establishment u000athe Eximbank, it will be effective at the beginning of next year and will act as a financial arm for SMEs.

Martínez raised that the country has to lead to a new model based on quality and investment, and make an effort to diversify markets to emerging economies such as Brazil, Peru, Chile, Colombia, Venezuela, and the countries Asians.

Dairy SECTOR
the President of the Dominican Association of milk producers (Aproleche), Erick Rivero, pointed out that milk production has decreased this year of 700 litres to 528 mm.
MM
Added that they have closed dozens of farms, due to the effects of excessive imports of milk and the theft of livestock, which is generating approximate losses of RD$ 1, OOO, OOO per day, amounting to 40 head of cattle per day.