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October 18, 2007 | Jim Lane | Comments 0

Fiji turns to biofuels to reduce sugar industry distress

In Fiji, Sugar Minister Mahendra Chaudhry said the country would concentrate on producing ethanol instead of making major investments in crop diversification. Recently, Citizen’s Constitutional Forum chief executive Reverend Akuila Yabaki said that “200,000 people in Fiji, depend on this industry in some way, and In the long-run, the reality is that the sugar industry will have to be phased out.”

The Sugar minister said that rising oil prices made ethanol an attractive alternative market for Fiji’s sugar industry.

Last month, US-based Avalor Capital was given the go-ahead to present financing plans for the $250 million Fiji Biofuels Project, which will develop the Fiji ethanol and biodiesel industries.

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Filed Under: InternationalPolicy

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