The Ministry of Food and Agriculture (MOFA) is arranging a US$150 million Indian Exim Bank facility to support farmers in the Southern, Middle and Northern belts of the country, Dr Owusu Afriyie Akoto, Minister of Food and Agriculture has announced.
He added that a detailed project report for implementation was being prepared by a consultant.
The sector minister revealed this on the floor of Parliament in Accra in response to a question from Mrs Gizella Tetteh- Agbotui, Member of Parliament for Awutu-Senya West on efforts the Ministry was instituting to establish mechanisation centres for farmers in the Awutu-Senya District.
Dr Afriyie Akoto cited that since 2018, the MOFA had imported various agricultural machinery and equipment from Brazil for sale to interested farmers, institutions and new investors at subsided rates across the country.
"Mr. Speaker, this is intended to promote the establishment of private sector-owned mechanisation centres to support farmers," the Minister said.
Dr Afriyie Akoto told Parliament that mechanisation centres was to bring smallholder farmers together as a group to have the services of mechanisation at subsidies rates.