Developing Aromatic Rice
Investment soughtUS$1.4M
Investment typeOther
The opportunity
Aromatic rice is known to attract higher premium prices on the international market approximately, 950-1200 USD/ton) as compared to ordinary, nonaromatic, rice (which is 320 to 500 USD/ton).
Opportunity
Taking into consideration the increasing demand for aromatic rice on the international market it is reasonable to believe that Aromatic rice can be the game changer of the face of Guyana’s’ rice industry Guyana has embarked on a breeding program to develop its own aromatic rice to allow farmers an opportunity to enter the niche aromatic rice market and enjoy the higher price for its aromatic rice.