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Monday, 05 September 2011

EU contributes to the future of the sugar cane industry in Barbados

A comprehensive review of the Barbados sugar industry has been conducted for the Barbados government by Landell Mills Ltd, one of the world's leading international development consulting firms.

Fully-funded by the European Union at a cost of BDS$3.4 million, the 18-month study commenced in January 2010 and contains recommendations for improving the productivity and efficiency of the Barbados sugar cane industry. Special focus has been placed on the operations of the Barbados Agricultural Management Company (BAMC) Ltd, given its predominance in the industry and its role as a government-owned entity.

The objective of the institutional review of the sugar industry in Barbados was to facilitate the transition from the traditional sugar industry to a new one that functions more efficiently and which is more profitable than its predecessor. The recommendations of the team of consultants should provide the groundwork for the institutional restructuring and strengthening of the BAMC and the reorganisation of independent and small sugar farmers.

Source: Caribbean News Now