Gov’t to create land bank pool through LAP –  Deputy Agric. Min.

As Land serves as a critical resource in agribusiness, government is working to create a land bank pool through the land administration project, the Minister for Food and Agriculture (MOFA), Dr. Osei Akoto has said.

In a speech read on behalf of the Minister at the Agriculture Sector Public-Private Ministerial Breakfast Meeting, a Deputy Minister for Food and Agriculture, George Oduro said the pool is expected to act as an information centre and a point of linkage between land owners willing to lease lands and prospective investors in the agriculture sector.

The country has been known to operate a dual system of land administration for centuries, where the acquisition and disposal of various land rights are managed by the two main systems.

These are; the state systems operated by written rules and statutes and the customary system operated by unwritten rules of custom and tradition.

About 60 percent of Ghana Commercial Agriculture Project’s (GCAP’s) land operational areas in the Accra plains for commercial agriculture ventures are under the control of customary-land owning families.

Moreover, agricultural lands have been in competition with real estate development, where lands, which used to be for agriculture purposes are now developed for real estate.

This has made land acquisition for commercial agriculture a very challenging one.

The Minister noted that, other on-going projects providing support to the private sector under the MOFA include the Ghana commercial agriculture projects, which facilitates access to investment opportunities ranging from private sector operators along selected agriculture value chain.

Oduro however called for a collaborative effort between the private sector and government to ensure an enabling environment that promotes agriculture value chain development.

He said, governments will also continue with its overall agenda on transforming and modernising agriculture through the provision of improved seedlings, subsidies fertilizers and building of storage facilities through public-private collaborations.

By Joshua W. Amlanu