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$3 billion to boost sugar production
2012-12-03 09:21:59 | (0 Comments)
The Agriculture Ministry is to make available to sugar cane farmers, $3 billion as part of efforts to boost replanting and the modernisation of the industry.
The Ministry said the funds, which are being provided under the European Union -supported Cane Expansion Fund, will be made available over the next four years.
It said the aim is to boost cane production by some 800,000 tonnes and at the same time increase the amount of land for sugar cane cultivation to 20,000 hectares up from 12,000 hectares.
According to the ministry, under the programme, funds will be provided on a revolving basis to plant and replant cane, supply land preparation and harvesting equipment, and support installation of sub-surface drip irrigation in Clarendon and St. Catherine.
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Source: The Gleaner/Power 106 News
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