Pan Caribbean Sugar Company to end operations at Monymusk

Audley Shaw, Minister of Industry, Commerce, Agriculture and Fisheries, has disclosed that Pan Caribbean Sugar Company Limited has given notice that it will not operate Monymusk sugar factory next year.
Shaw made the disclosure while closing the Sectoral Debate in the House of Representatives on Tuesday.
He pointed out that since the establishment of the Cane Expansion Fund Unit in December 2014, approximately $519 million has been approved for on-lending to farmers in the Monymusk factory area.
Of this amount, $493 million has been disbursed to 93 farmers for cultivation of 404.96 hectares.

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