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Dominican banana industry earns US$420M yearly

Santo Domingo.- Dominican Republic’s banana industry earns US$420 million per year and accounts for more than 32,000 jobs, 44% of them fixed and of which 12% are women.

The figures were revealed Tuesday during a meeting of the Banana Accompaniment Measures Program Steering Committee (BAM)). It said more than 80% of the country’s bananas production is organic and intended for export.

During the activity the BAM’s main achievements were highlighted, including a budget of RD$1.0 billion, of which the European Union financed more than RD$900 million.

Attending the meeting held in the Dominican Agribusiness Board (JAD) were the ministers of Agriculture, Angel Estevez; Environment, Bautista Rojas, National Statistics Office director  Pablo Tactuk, and Foreign Relations, Andres Navarro, and JAD CEO Osmar Benitez, among others.

As part of the project’s goals reached, the Agriculture Ministry established the National Phytosanitary Committee, “a breakthrough with properly managed local production and which places the country in compliance with international standards on bananas for export.”

Source: DT

April 27, 2016

Category: DR News |

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Last updated October 20, 2016 at 5:21 PM
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