|

News

3 sugar factories to be divested

Jamaica Observer

Tuesday, July 13, 2010



THE remaining three state-owned sugar factories are to be divested to Chinese company Complant International.

Making the announcement to Parliament today, Agriculture Minister Dr Christopher Tufton said Cabinet yesterday gave approval for final negotiations to begin with Complant to acquire the Frome, Monymusk, and Bernard Lodge estates.

He said the country is expected to gain revenues of $828.6 million in the first year.

The lease agreement is expected to last for 50 years in the first instance and 25 years if renewed.


Stephen Marley wins Grammy

  0 comments

 

A different kind of love story

  4 comments

 

Riverton fires out – ODPEM

  0 comments

 

Mother, daughter killed

  0 comments

 

23-year-old dies in Mandeville crash

  0 comments

 

Fighting the Riverton fire

  4 comments

 

Fraud Buster

  7 comments

 

No more fear; Rape victims coming forward

  1 comments

 

Bus, taxi crackdown

  3 comments

 

Drivers in Pen Hill Rd crash charged

  0 comments

 

Losing your teeth?

  0 comments

 

Rebuilding Japan

  0 comments

 

'Motty' Perkins was a hard fighter with a probing pen

  6 comments

 

The day I met 'Motty' Perkins

  7 comments

 

Stalwart educator Joyce Peart hailed for her service to the young

  0 comments

 

PICTORIAL: Dudley Thompson Funeral

  0 comments

 

Seaton George McFarlane remembered for his winning smile and sense of humour

  0 comments

 

Brazil jet makes forced stop after pilot attack

  0 comments

 

Curfews in St Catherine 

  0 comments

 

Two held in Lucea gun seizure

  0 comments

 

Today's Cartoon


Poll

Did you watch American football's Super Bowl on Sunday? 
Yes, but just for the advertisements
Yes, just for the game itself
Yes, for both the game and advertisements
No, I did not watch the Super Bowl.

View Results

Results published weekly in Sunday Finance


Username:
Password: