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Multi-millon Dollar Plant for Rarawai Mill

25 August 2014

FIJI - Fiji's sugar will industry will soon have a $70m co-generation power plant at the Rarawai Mill in Ba.

Fijilive reports that the project will be made possible through the approval of a US$70 million line of credit proposal by the Government of India to the Fijian Government.

Foreign Affairs Minister Ratu Inoke Kubuabola says they are grateful to the Indian Government for their continued support to the country and especially towards the sugar industry.

He said the approval spoke volume of the relations the two countries shared and this positive gesture of the Indian Government would soar to greater heights under our existing development cooperation.

His counterpart, Sushma Maharaj said they will continue to assist in strengthening Fiji's sugar industry and is certain that the Line of Credit (LOC) extended by her government would help catalyze cooperation between the two countries.

Ms Maharaj said the successful execution of this project would further enhance the development partnership of Fiji and India.

The Indian High Commission in Fiji and the Exim Bank of India have been directed to initiate necessary formalities for the activation of the LOC through the Fiji High Commission in New Delhi.

TheCropSite News Desk



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