PM ap­plauds over E3bn su­gar sec­tor ex­pan­sion in­vest­ments

Swazi Observer - - BUSINESS -

PRIME Miniser Dr. Sibu­siso Dlamini has ap­plauded the re­source­ful in­vest­ments made by the su­gar in­dus­try to date.

Speak­ing dur­ing the com­mem­o­ra­tion of the Swazi­land Su­gar As­so­ci­a­tion (SSA) golden ju­bilee, Dlamini said in­no­va­tion in the sec­tor has led to a de­gree of value ad­di­tion.

He noted the E1 bil­lion Ubombo fac­tory ex­pan­sions and the E2 bil­lion in­vested to im­prove milling and cane grow­ing ef­fi­cien­cies.

“In­no­va­tion in the su­gar in­dus­try has led to in­creased value ad­di­tion,” he said.

The prime min­is­ter also com­mended the pro­duc­tion of elec­tric­ity from bagasse and fur­ther urged the in­dus­try stake­hold­ers to con­sider the as­pect of ben­e­fit shar­ing.

“There is also fur­ther po­ten­tial to in­crease pro­duc­tion of ad­di­tional prod­ucts such as ethanol,” he said.

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