GROUND-BREAKING for Barbados’ much touted multipurpose sugar factory is expected to take place around June this year, says Minister of Agriculture Dr David Estwick.
Estwick also reported that Cabinet had approved the financing for the facility, estimated to cost more than $500 million, through the ANSA Merchant Bank of Trinidad and Tobago.
Government was currently finalising the funding for the field side of the Barbados Cane Industry Restructuring Project, he added.
These were among the issues raised by Estwick on Sunday evening when he addressed the St James South branch of the Democratic Labour Party.
The minister of agriculture said he was hoping to convene a meeting by tomorrow to lay out the framework that would sustain the agricultural sector in both sugar and non-sugar. (SDB Media)
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