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AfricaMoney | August 20, 2016

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Mauritius’ agro-industry sector to use modern technology to boost productivity

Mauritius’ agro-industry sector to use modern technology to boost productivity

In the context of preparations for Budget 2015, a consultative meeting was held July 30, 2014 in Port Louis with representatives from the agro-industry ministry and the finance ministry (Image: Mauritius Agriculture News)

The agro-industry sector was the focus of a consultative meeting held July 30, 2014, in Port Louis under the chairmanship of the Permanent Secretary of the Minister of Agro Industry and Food Security, AK Hoolass, in the context of preparations for Budget 2015.

In the course of the meeting, important challenges facing the sector like the use of modern technology to increase productivity and diversifying access to markets were evoked, in addition to other issues like land abandonment, improving land yield, and supporting access to finance.

The meeting also witnessed participation by Financial Secretary Dev Manraj and representatives of all the major stakeholders of the agro-industry sector.

The objective of this meeting was to come up with proposals to increase growth in the agro-industry sector with emphasis on re-boosting sub-sectors encompassing sugar, food crop, livestock, tea and biodiversity, with a view to take them to new frontiers.

Accordingly, discussions also centered on the importance of the agro-industry sector with respect to achieving food security in the face of the daunting challenges facing the sector, in particular the impending abolishment of EU sugar quota by 2017, and the significant role of agriculture in the development of the country.

The consultative meeting is in line with Prime Minister Navin Ramgoolam`s vision of bringing reforms and consolidating the various sectors of the economy so as to move to a new threshold of development.

Hence, in that context, a series of consultative meetings with stakeholders of the different sectors of the economy are being held at the initiative of the Ministry of Finance and Economic Development with the objective to reach a consensus on major policy orientation for incorporation in the forthcoming budget.

Thus far, meetings have already been held on the Small and Medium Enterprises (SME) sector, financial services sector, the manufacturing sector, the tourism sector and the fisheries sector, for incorporation of inputs in Budget 2015.

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