Fiji: Organic farming potential growing

While organic farming is a niche area in Fiji, there is a huge potential in the international market which relevant agriculture stakeholders are looking to harness. And Government has already started with preliminary discussions in further developing this with intentions to fully tap into organic farming.  For the Fiji Development Bank, efforts are being put towards developing new lending policies specifically designed for organic farming. This is good news for existing or potential organic farmers looking towards increasing and enhancing their production methods in this lucrative market.  FDB chief executive officer Deve Toganivalu said their increased participation would help create employment opportunities and enhance foreign exchange necessary for economic growth and prosperity. "The organically grown product market has huge potential and the bank would like to encourage and grow this area so that farmers can adapt to sustainable and environmentally friendly ways to farm their produce for the local and overseas markets," he said.  Mr Toganivalu said continuous Government support towards tourism, sustainable energy, and climate change adaptation strategies would see new lending policies that would effectively grow the portfolio in these sectors and set new standards into global benchmarks.

Source: http://www.fijitimes.com/story.aspx?id=387003