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This blog is brought to you by Gilbert & Samuels Company Limited, a financial advisory services and consulting company based in Suva, Fiji.
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Wednesday, June 28, 2006

F$8.8 million boost for sugar industry

Fiji will receive about F$8.8 million from the European Union to help the sugar industry adjust to the reduction of preferential sugar prices from European markets. The funds will help revitalise the industry.

The Finance Ministry is currently working out how the funds will be distributed.

The Fiji Sugar Corporation has brought in new machinery that would help improve efficiency and productivity.

The Prime Minister, who is the Minister responsible for Sugar, was pleased with the state of progress towards restructure of the industry when he visited the Lautoka sugar mill yesterday.

Note from GV : Foreign investors wishing to set up business or invest in Fiji can use our company, Gilbert & Samuels Company Limited, to facilitate all necessary licences, permits and approvals required for setting up. We provide other business advisory services as well. Our contacts are : telephone +679 3396427 or e-mail


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