Home Business They will provide accompaniment to producers to modernize their farms with financing

They will provide accompaniment to producers to modernize their farms with financing

They will provide accompaniment to producers to modernize their farms with financing

The executive director of National Irrigation Technification (TNR), Claudio Caamaño Vélez and the general administrator of Banco Agrícola, Fernando Durán, signed a interinstitutional cooperation agreement which will benefit, through technical support and training, producers who request financing to install irrigation systems on their properties.

The agreement, signed during an act at the Bagrícola facilities, will allow field workers to obtain greater security, profitability and guarantee of returnas well as increase the chances of success in their investments.

“This agreement represents a historic milestone for the massification of technical irrigation in the Dominican Republic, because it will help overcome two of the main barriers facing agricultural producers: The techniquethrough the accompaniment and training of TNR, and the economythrough financing from Banco Agrícola”, said Caamaño Vélez.

He also thanked the support he has received from Bagrícola since the entity he directs was created, and affirmed that the tWorking together will expedite the policy of massification of technical irrigation in the country, to achieve the efficient use of water in agricultural production and increase the productivity and competitiveness of producers.

While the head of Banco Agrícola stressed that the Water management is one of the great challenges of the sectorbecause there can be no technical agriculture without irrigation, especially given the impact that climate change and global warming have today on rainfall regimes and the availability of water resources.

“This agreement with the entity created by President Luis Abinader for the modernization of irrigation in the country is extremely important to us. We work so that there is total support and the producer who receives financing from the bank also receives the necessary technical assistance to modernize their irrigation systems”, assured Fernando Durán.

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