of the Caribbean's workforce has an advanced education
(World Bank, 2020)
High-Tech Agribusiness Investment Opportunities in the Caribbean
In the Caribbean, 26 agribusiness projects with an FDI volume of $919.1 million were implemented between 2003 and 2020 (fDi Markets). These companies are serving the Caribbean’s $369 billion market and 30 million local consumers, along with 30 million affluent visitors to the region each year.
Benefits to Investing in the Caribbean’s Agricultural Sector
#1
Excellent Climate
#2
High demand for supplies from the local market and tourists with significant export opportunities.
#3
Public and private land is available for agricultural use in the Caribbean.
#4
Investors benefit from local and global programs investing in the Caribbean’s food security initiatives.
#5
The Caribbean’s agricultural talent is ready to add value to any operation.
Agricultural Export Opportunities
A variety of trade agreements increase the Caribbean’s agribusiness market size to $38,419 billion and 941 million customers. This has created opportunities for investors in specialty food products. For example, the Caribbean is growing the world’s finest cocoa - one of several high-value agricultural export opportunities available within the region. As another example, 1 million tonnes of sweet potatoes are produced in the Caribbean annually for export.
View high-tech agribusiness investment opportunities here or contact a CAIPA Secretariat member for more information.