Rural Growth in Colombia: Yara Steps In to Increase Productivity

  • by Dominique Von Rohr (rome)
  • Thursday, September 22, 2016
  • Inter Press Service

Colombia, which relies on agriculture as the most important segment of its economy, still battles with an endemic problem of poor productivity. Due to the rugged Andean terrain covering Colombia, as well as the lack of irrigation, only roughly five per cent of the country's land area is cultivated. The government is taking an increasing part in controlling, organizing and encouraging agriculture by giving financial support and social assistance for better housing to farmers, as well as providing them with technical help. However, foreign aid is always welcome.

The timely intervention of Yara International is contributing to enable Colombia in producing more and better food on existing agricultural land. Having invested in Colombia for years and providing funds of USD 425 million in 2014, Yara International has become the largest investor in the South American country, supporting rural development, growing productivity and prosperity in Colombia's countryside.

© Inter Press Service (2016) — All Rights ReservedOriginal source: Inter Press Service

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