BRIDGETOWN, Barbados, – A Japanese delegation is due here on Monday for talks with Agriculture Minister Dr. David Estwick on the possibility of funding the restructuring of the sugar cane industry.
A government statement said that the delegation from the Japanese company Marubeni Corporation have expressed an interest in funding the project.
Listed Roxas Holdings Inc., through unit Central Azucarera Don Pedro Inc., will export 28,000 metric tons of raw sugar to South Korea and Japan in the next few weeks.
“The crop year just ended in June and production was much higher than anticipated. We see this as an opportunity to tap other export markets like Japan and Korea,” said Roxas Holdings chairman Pedro Roxas.
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