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The sugar industry needs private-sector led diversification

2015-07-01 06:35:24| Sugar Industry News

With a debt overhang of over $90B and a cost of production more than double the world market price of sugar, there is absolutely no future viability for sugar production in its current form in Guyana. Any cost-saving initiative is limited as its direct labour cost exceeds the world market price of sugar.

Tags: industry led sugar diversification

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