Banana Industry Trust Corporation
Restoring confidence in the banana industry
SFA 2000
Reservoir, Irrigation & Drainage Projects in Roseau Valley, Marquis Valley & Cul de Sac
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Initially, all the objectives of the Trust all were related to the betterment of the Banana Industry. Over the years, the focus shifted slightly as it become prudent that the objectives of the Trust be expanded to include Agriculture as a whole. In doing so, other areas in the sector can also be supported by the Trust.
The administration of the PRP Loans to the Banana Companies
The management of the funds provided by the Government of Saint Lucia for the Inputs Credit Scheme for farmers
The administration of the funds and projects under the various EU Grant Contracts of SFA Programmes
Provide support to the Banana Industry -more recently the Agricultural Sector in general- as needed, within the available resources of the Trust.
Agriculture For a New Age
Banana Industry Trust Corporation
“The BIT over the years has successfully managed the resources from the EU to a total in excess of EC$44 million making the BIT one of the single largest managers of EU funded programmes in Saint Lucia.”
St. Lucia Banana Production & Revenue
1990 Revenue (In Millions)
$186.90
1991 Revenue (In Millions)
$146.40
2000 Revenue (In Millions)
$82.25
2001 Revenue (In Millions)
$41.20
2015 Revenue (In Millions)
$15.45
2016 Revenue (In Millions)
$12.87
Transforming Agriculture, Restoring Livelihoods
Partnering with:
Objectives of the Banana Industry Trust Corporation:
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It takes thousands of years for soil to be produced and minutes for it to be washed away. Soil erosion threatens our food supply, pollutes our waterways and is a hazard to our families and communities.
Here’s what you can do:
Do
Build a retaining wall if your property is on a slope
Plant trees or shrubs along river banks
Dispose of water runoffs in stainable waterways
Cultivate on steep slopes and forest lands
Engage in unplanned developments
Build houses without proper drainage systems
Mine hillsides without proper permits