El Gobierno de Jamaica va a inyectar 2.000 millones de dólares en el sector azucarero
Agriculture and Fisheries Minister, Hon. Robert Montague, says cane production needs to increase by 3.5M tonnes up from last year’s figure of 1.5M tonnes if we are to make headways in co-generation, and value added production. Minister Montague also announced that the Government is to pump almost $2 billion into the sector by 2014.
The Agriculture Minister made the disclosure at the 74th Conference of the Jamaican Association of Sugar Technologists, JAST, who are also celebrating 75 years of Service, at the Sunset Jamaica Grande Hotel, in St. Ann yesterday (Thursday, November 3, 2011).
“Now that we have divested all the Government-owned sugar estates, our objective is to now develop a commercially viable and sustainable sugar cane industry, which can contribute to the country’s economy” he said. “Cane production needs to increase from the current level of 1.52M tonnes last crop to 3.5M tonnes as soon as practicable but by 2015, latest. This increased level of production will provide the raw material to permit output of around 200,000 tonnes of sugar, and some 100,000 tonnes of molasses for the rum and energy sectors, as well as bagasse for potential co-generation projects to supply electricity to the public grid”.
Minister Montague said the Government is working to provide the enabling policy environment which will support private investors in the sugar sector.
“The cane pricing, regulatory and institutional arrangements of the sector have been reviewed by the Wint Commission and Cabinet has approved the recommendations, which are now being implemented”.
He noted that over J$643 million have so far been provided to support the planting and replanting of cane and installation of drip irrigation. The Minister also pointed out that the Ministry of Agriculture and Fisheries is proposing to inject a total of J$1.7 billion into the Cane Expansion Fund by 2014 to drive increased output in the sector.