Sugar Corporation it produce 700 million quintals of sugar
Published on: 09/17/2016
Ethiopian Sugar Corporation said it would produce 700 million quintals of sugar to meet local demand and curtail foreign currency expenditure.
Two new sugar factories will go operational this Ethiopian budget year, in addition to the existing 5 sugar factories.
The country has been importing annually an average of 2 million quintals of sugar with 2.6 billion Birr worth foreign currency to meet the demand, it was indicated. To cut this expense and meet the demand of sugar, new factories have been built in Oromia, Amhara, Tigray, Southern Nations, Nationalities and Peoples, and Afar regional states.