THE government has proposed an allocation of over $70 million in the 2021 National Budget to advance and further expand services provided at the Hope Coconut Industries Limited (HCIL), East Coast Demerara. Senior Minister in the Office of the President with Responsibility for Finance, Dr. Ashni Singh made this announcement during his presentation on Friday. …
– Min. Mustapha says Hope Estate is the first target By Naomi Parris CONCERTED efforts will be made this year to transform the coconut industry, the produce of which has become a major agriculture export for Guyana in recent years. Minister of Agriculture Zulfikar Mustapha, in making this disclosure during an interview with the Guyana…
— nurseries to be established countrywide AGRICULTURE Minister, Zulfikar Mustapha, recently commissioned a new coconut nursery at Kairuni on the Linden/Soesdyke Highway. This is the first of two nurseries that will be commissioned before the end of 2020. The facilities are said to have the capacity to produce 25,000 additional seedlings per year. According to…
— Teshawna Lall appointed GMC General Manager NEW boards of directors for the Guyana Marketing Corporation (GMC) and the Hope Coconut Industries Limited have been appointed and were immediately tasked by Agriculture Minister, Zulfikar Mustapha to turn around their respective agencies. During the meetings, Minister Mustapha informed the new boards of the task ahead and…
— to meet local demand and export markets OUTSIDE of rice and sugar, not many know that coconut is the third major agricultural export, earning some US$7M in export revenues in 2017 and there are concerted efforts afoot to transform the industry in the years to come. With demand globally forecasted to experience huge growth,…
SOME $1.25 billion will be injected into the National Agricultural Research and Extension Institute (NAREI) to boost its agricultural diversification agenda with focus on coconut and horticulture, Agriculture Minister, Zulfikar Mustapha, has reported. The Hope Coconut Estate is also expected to benefit from the initiative. Minister Mustapha told the National Assembly on Thursday, that the…
By Michel Outridge GENERAL Manager Ricky Roopchand of Hope Coconut Industries Limited (HCIL), commonly called ‘Hope Estate,’ told the Pepperpot Magazine that the entity is working assiduously towards achieving its goal. He stated that HCIL’s current drive is to better serve farmers’ needs and at the same time work towards achieving financial sustainability and wean itself…
HOPE Coconut Industries Limited (HCIL) has made a significant breakthrough with its annual income leaping from $17Million in 2015 to $36Million in 2019. In a press release, Minister of Agriculture, Noel Holder noted that while the estate suffered under the previous administration, the past four years of the Coalition Government saw tremendous investments and enhancement…
THE National Agricultural Research and Extension Institute (NAREI), Caribbean Agricultural Research and Development Institute (CARDI), the International Trade Centre, local farmers, processors and other stakeholders have learnt about technology which is used to transform coconut waste to cash. According to a press statement from NAREI, coconut husks dumped in waterways, dumpsites and along parapets are…
Hope Coconut Industries Ltd. started cocounut cultivation in 1934. The estate was later bought by the Governmnet where it reamains under their control. Read More.