Pelwatte Sugar tastes bitter to Govt?

Tuesday, 8 November 2011 00:42 - - {{hitsCtrl.values.hits}}

Despite the fact that Sri Lanka’s natural resources make it an ideal sugar producing nation, 95% of the country’s sugar demand is fulfilled by imports. In Sri Lanka, the annual requirement of sugar is 590,000 MT of which 559,000 MT is imported. The local sugar production was reported at 31,000 MT in 2010, a marginal decline of 3% from 2009.

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