CARIBVISTA | IAGRO SAT CARIBBEAN
AGRICULTURE FEASIBILITY STUDY // ANTIGUA & BARBUDA

Real costs. Real yields. Real research.
Every number sourced and cited.

A detailed feasibility study for activating 7,225 hectares of idle land across Antigua and Barbuda. FAO yield benchmarks, CDB country data, CARICOM trade intelligence. Agriculture collapsed from 40% to 2% of GDP — this reverses the decline.

Pilot CAPEX (300 ha)
$4.0M
Including 15% contingency
10-Year IRR
16.8%
Pilot breakeven: mid-Year 3
Revenue at Full Scale
$210M
Year 10 — 7,225 ha deployment
Jobs Created
9,800
10% of national population
Antigua & Barbuda context: 90% food import dependency, $300M annual food import bill, 26,700 ha of government idle estate land, post-Irma Barbuda reconstruction. Tourism sector (700K+ visitors/year) creates premium demand for local produce. Sources include FAO, CDB, IDB, CARICOM, CARDI, World Bank, PAHO.
FAO YIELD DATACDB COUNTRY STRATEGYCARICOM TRADE DATAEU-CARIFORUM EPAMINISTRY OF AG
SECTION 1

Setup Costs

What it actually costs to convert idle land to productive farmland in Antigua & Barbuda. Irrigation costs higher than regional average due to water scarcity — desalination tie-in required.

Land Preparation
$750K
$5.4M full
Equipment
$520K
$3.1M full
Irrigation
$680K
$4.8M full
Infrastructure
$900K
$4.2M full
Protected Agriculture
$650K
$3.4M full
Contingency (15%)
$525K
$3.1M full
300 HA PILOT
$4.03M
$13,417 per hectare all-in
7,225 HA FULL SCALE
$24.0M
$3,326 per hectare (economies of scale)
Antigua & Barbuda provides duty-free import concessions on agricultural machinery, equipment, and inputs under the National Food Production Plan.
Source: Ministry of Agriculture, Fisheries and Barbuda Affairs
SECTION 2

Crop Strategy: 70% Food Security, 30% Export

Feed the islands first, then monetise surplus. All yields from FAO Caribbean benchmarks. Revenue at farm-gate domestic prices (edible) and export terminal market prices (high-value). Antigua Black pineapple commands premium pricing globally.

70% Edible — food security staples, vegetables
30% Export — pineapple, hot peppers, tropical fruits
EDIBLE CROPS (70% OF ACREAGE)
Sweet Potatoes
10-18 t/ha
$5,000-9,000/ha
1.5-2/yr
Cassava
8-15 t/ha
$3,500-6,000/ha
1/yr
Yams
8-12 t/ha
$6,000-10,000/ha
1/yr
Eggplant
20-35 t/ha
$15,000-28,000/ha
2-3/yr
Okra
8-15 t/ha
$10,000-20,000/ha
2-3/yr
Tomatoes
20-35 t/ha
$20,000-35,000/ha
2-3/yr
Peppers (Sweet)
12-22 t/ha
$15,000-28,000/ha
2/yr
Lettuce / Greens
12-22 t/ha
$18,000-35,000/ha
6-8/yr
EXPORT / HIGH-VALUE CROPS (30% OF ACREAGE)
Scotch Bonnet
$30,000-70,000
12-22 t/ha — Global demand exceeds Caribbean supply
Pineapple
$15,000-30,000
30-50 t/ha — Antigua Black pineapple is a premium variety
Coconut Products
$12,000-25,000
8,000-15,000 nuts/ha — Coconut water, oil, copra export
Mango
$10,000-25,000
8-15 t/ha — Multiple local varieties; 5-year maturity
Passion Fruit
$20,000-45,000
12-20 t/ha — EU duty-free access via EPA
KEY ADVANTAGE
Antigua Black Pineapple — a premium heritage variety
The Antigua Black pineapple is considered one of the sweetest pineapple varieties in the world and is the national fruit of Antigua & Barbuda. It commands 2-4x price premiums over standard pineapples in specialty export markets. Additionally, idle land fallow for 30-50 years qualifies for accelerated organic certification — the 3-year chemical-free transition has already elapsed naturally. Organic produce commands 2-3x premiums in EU, UK, and US markets.
Antigua Black Pineapple
Conv: $0.80/kg → Organic: $2.50-4/kg
+200-400% premium
Scotch Bonnet
Conv: $3.00/kg → Organic: $6-8/kg
+100-167% premium
Coconut Water
Conv: $0.50/nut → Organic: $1.50-2/nut
+200-300% premium
Sources: FAO | EU-CARIFORUM EPA duty-free quota-free access | CARICOM agricultural intelligence
SECTION 3

Hurricane Resilience & Year-Round Production

Antigua & Barbuda sits in the hurricane corridor. After Irma (2017) devastated Barbuda, hurricane resilience is not optional — it is the foundation of the agricultural model.

Hurricane Season
CRITICAL
Jun-Nov — 20%/yr probability — 10-90% depending on system
Agroforestry reduces loss 60-80%. Root crops underground = hurricane-proof. CCRIF parametric insurance. 13% land in buffer/windbreaks.
Drought
HIGH
Jan-Apr — 35%/yr probability — Yield reduction 30-60%
Drip irrigation mandatory. Desalination allocation. 50,000L rainwater cisterns per 5 ha. Drought-tolerant varieties (cassava, sweet potato).
Pests & Disease
MEDIUM
Year-round — 20%/yr probability — 10-15% with IPM
Hurricane-rated insect-exclusion net houses. Biological pest control. Crop rotation. CARDI IPM protocols.
Water Scarcity
HIGH
Year-round — 40%/yr probability — Limits expansion pace
APUA desalination allocation. Treated wastewater reuse. Rainfall harvesting. Water-efficient crops prioritised.
BARBUDA LESSON — IRMA 2017
Category 5 destroyed 95% of buildings but root crops survived underground
When Hurricane Irma passed over Barbuda with 295 km/h winds, it levelled virtually every structure. But in the Caribbean region, farmers who grew root crops (sweet potato, cassava, yam) reported only 5-15% losses because tubers are protected underground. Agroforestry systems with multi-layer canopy showed 60-80% lower crop losses than exposed monocultures. The CaribVista model allocates 25% to root crops and 40% to agroforestry specifically for hurricane resilience.
THE TECHNOLOGY ADVANTAGE

Satellite Monitoring for Every Hectare

Through IAGRO SAT, every farmer gets enterprise-grade precision agriculture at a fraction of the cost — critical for a 440 km² twin-island state.

Crop Health (NDVI)
Every 10m pixel monitored every 5 days via Sentinel-2. Detect stress before visible symptoms. Division-level health maps.
Hurricane Damage Assessment
Automatic before/after NDVI comparison within 48 hours of any tropical storm. Quantify damage for CCRIF insurance claims.
Irrigation Optimisation
Soil moisture proxy from Sentinel-1 radar + thermal stress. Know exactly when and where to irrigate — critical for water-scarce AG.
Yield Forecasting
ML models predict harvest volumes 6-8 weeks ahead. Plan logistics, negotiate hotel/restaurant contracts, reduce post-harvest loss.
Barbuda Monitoring
Dedicated monitoring of Barbuda reconstruction and agricultural recovery. Track vegetation regrowth, land use change, resettlement progress.
Carbon MRV
Measure, report, verify carbon sequestration for voluntary carbon market credits. 36,420 tCO2/yr at full scale.
COST COMPARISON
STANDALONE PRECISION AG
$250+/ha/yr
Drones, sensors, software, analysts
→
IAGRO SAT SHARED PLATFORM
$15-30/ha/yr
Same satellite data. Shared infrastructure.
SECTION 5

Financial Projections & Health Impact

300 HA PILOT — 5-YEAR P&L (CONSERVATIVE)
Year 1Year 2Year 3Year 5
Gross Revenue$2.5M$3.4M$4.2M$5.8M
Operating Costs$2.9M$2.9M$3.0M$3.2M
Gross Margin-$400K+$500K+$1.2M+$2.6M
CAPEX Amort. (10yr)$403K$403K$403K$403K
Net Income-$803K+$97K+$797K+$2.2M
THE HEALTH CONNECTION
82% of deaths from NCDs. Fresh food is a public health intervention.
Antigua & Barbuda's 90% food import dependency means the population consumes predominantly processed, high-sodium, high-sugar imported foods. Diabetes affects 13.6% of adults. Female obesity is 33%. CVD kills at 195 per 100,000. Every hectare of local fresh food production directly reduces the healthcare cost of diet-related NCDs. The CaribVista programme is not just an economic investment — it is a public health intervention.
CARIBVISTA | IAGRO SAT CARIBBEAN // FEBRUARY 2026
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© 2026 IAGRO SAT Caribbean. All rights reserved.
Sources: FAO, CDB, IDB, CARICOM, CARDI, World Bank, PAHO, Ministry of Agriculture AG
CaribVista Land Trust is a proposed entity — not yet incorporated.
CONFIDENTIAL — For named recipients only. Do not redistribute.