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Thursday, September 28, 2006

Sugar reform project approved

Cabinet has endorsed a strategy that involves a F$350 million reform project aimed at reviving the sugar industry and helping departing farmers start non-sugar activities.

The National Adaptation Strategy will serve as the road map for strengthening the sugar industry for the next 8 years with implementation to begin next year.

The project was expected to improve cane yield and production to world class standards and practices. It also focussed on cane replanting, research and rural infrastructure. Renewable energy, social development and poverty reduction, and economic diversification were included in the program.

The project covers sugar, non-sugar and social welfare aspects of the industry's reform.

By the end of 2013, the project is expected to achieve outputs like a diversified and sustainable sugar industry in Fiji, a well established research and extension service and an increase of 15% of cane replanted.

Other objectives include an increase of 10% cultivated sugarcane land and sugar production cost per tonne to be reduced from F$35 to F$20 over five years.

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