BSI Invests Another $40 Million in Value Added Production

128 views · Published 15 August 2018 · 1:49 · Indexed 16 October 2026

Channel: Greater Belize Media | GBM · 2018 · News & Politics

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The Belize Sugar Industries has announced that it will invest an additional forty million dollars over the next eighteen months to improve efficiency and further increase value-added production to the benefit of the sugar industry.  In September 2017, B.S.I. invested twenty-two million dollars to increase production of value added, direct consumption sugars at its Tower Hill plant.  The aim was to stabilize the industry following changes to the European Union market which have done away with preferential pricing for Belizean raw sugar.  Today, A.S.R./B.S.I.’s Vice President for International Relations, Mac Maclachlan shared the news of the company’s latest investment.

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