News International Sugar Journal

Sri Lanka – Kantale Sugar Factory to be rebuilt with an investment of US$316 million [Full subscriber]

Backed by a US$ 316 million investment, sugar production at Kantale Sugar Factory is expected to commence operations in 2023, after 30-year hiatus, as the Sri Lankan government, the major shareholder, is expected to hand over key assets, including the land belonging to the factory on lease basis, to MG Sugars Lanka Private Limited.…

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