Fiji Time: 5:32 AM on Sunday 26 October

Fiji Times Logo

/ Front page / News

Funding for growers

Felix Chaudhary
Thursday, February 27, 2014

FARMERS interested in taking up sugarcane farming have access to two sources of funding, says Fiji Sugar Corporation executive chairman Abdul Khan.

Some, he said, could access funds from the government's $8.4 million grant for new cane production while others could apply for a soft loan from the Fiji Development Bank.

"We have noted an increase in the number of people that are showing interest in planting sugarcane and this is very welcome news," he said.

"For startup farmers, they have access to the government $8.4M grant and they can also apply for a soft loan from the FDB.

"The FSC will provide all technical advisory assistance to new growers to facilitate their entry into cane farming."

Sugar industry stakeholders including the Sugar Ministry, FSC, Sugar Cane Growers Council, Sugar Cane Growers Fund, Sugar Research Institute of Fiji, South Pacific Fertilisers and Sugar Industry Tribunal have composed a strategic action plan designed to increase cane production.

Under the plan, it is hoped that sugar production will increase from just under two million tonnes produced at present to about four million tonnes by 2017.





Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Today's Most Read Stories

  1. Siblings in shock
  2. Koroi ready to help Fijian scrum during Europe tour
  3. Farewell Duke
  4. In the dark
  5. Forum lifts Fiji ban
  6. Taskforce rakes in $500k in rent arrears
  7. Group of companies hold inaugural Pinktober celebrations
  8. Separating fact from myth
  9. Inglis salutes new Kangaroos X-factor
  10. Relief for farmers

Top Stories this Week

  1. Death shocks family Monday (20 Oct)
  2. Inside Fiji sevens Tuesday (21 Oct)
  3. Budget overspent Wednesday (22 Oct)
  4. Public access Tuesday (21 Oct)
  5. Kepa's not weak Friday (24 Oct)
  6. Full pay while on leave Friday (24 Oct)
  7. Forgery suspect still in remand Tuesday (21 Oct)
  8. $20m in excess Wednesday (22 Oct)
  9. Ryan's fight to help 7s Friday (24 Oct)
  10. $11.9m in arrears Wednesday (22 Oct)