Tegucigalpa. On January 28, 22008, the Ministry of Agriculture and Livestock of Honduras (SAG) presented to the community of donors the progress obtained in the implementation of five rural development projects.
Mr. Héctor Hernández, Minister of Agriculture and Livestock, informed about the advancements achieved through the implementation of projects such as PROMECON, COMRURAL, Pronegocios Rurales, PYME, and MCA-Honduras, aimed to improve competitiveness, food security and rural development.
Attendees included representatives of international organizations like The World Bank, the Millennium Challenge Corporation of the United States, the Swiss Cooperation Agency, the United Nationes, the European Union and the Central American Bank of Economic Integration.
In the particular case of the Millennium Challenge Account of Honduras, General Director Martin Ochoa presented the progress accomplished to this date in the implementation of the Farmers Training and Development Activity (FTDA), the Farmers Access to Credit Activity (FACA), the Agricultural Public Goods Grant Activity (Grant Fund) and the Farms to Market Roads Activity (FMRA).
Mr. Ochoa explained that these four activities, actually representing 70 million dollars of MCC funding, are aimed to promote agricultural sector competitiveness, with a main focus on the strengthening of the horticultural market value chain.
MCA-Honduras goals include the transformation of approximately 8,300 farmers into agro-businessmen; the conversion 14,400 hectares of agricultural land into farms producing high-value horticultural crops, and the allocation of more than 640 million lempiras in agricultural credit. Mr. Ochoa emphasized the fact that 68% of these resources have already been allocated, representing a significant move forward in the execution of the Program.
As a result of the meeting, an agreement was reached to standardize operational policies regarding the activities presented; to outline monitoring mechanisms; and, to define geographical criteria to implement the project in order to maximize expected impacts nationwide.