8 Jun 2010

Call for review of Fiji Sugar Corporation

3:16 pm on 8 June 2010

As Fiji's interim regime plans land reforms to improve cane production, an economist in Suva says the Fiji Sugar Corporation should be reviewed.

The Dean of the Faculty of Business and Economics at the University of the South Pacific in Suva, Biman Prasad, says the mainly government-owned corporation has been badly managed over the years.

He says all aspects of the loss making corporation should be under review along with development of the industry:

"The injection of funds into the sugar industry infrastructure, access roads, railway infrastructure and the provision of extension services to the sugar cane farmers."

Professor Prasad says the problems affecting the sugar industry have been created over the past ten to 15 years, and have not been dealt with.

He says the industry now needs a large injection of money, but funds from the European Union are unavailable because of a lack of progress towards a return to democracy.