Jamaica - Chinese company to invest U$200 million to modernise two sugar factories

摘要

Chinese company Pan-Caribbean Limited, operators of the Monymusk and Frame sugar factories in Jamaica, has announced plans to pump between US$180 million and US$200 million into modernising the two plants, reported StabroekNews. Chief Executive Officer (CEO) of Pan-Caribbean, Dr Huaixiang Wu, made the announcement on January 15, as he addressed a signing ceremony with the All Island Cane Farmers Association at the Ministry of Agriculture and Fisheries in St Andrew.