18 Oct 2010

Fiji Sugar Corporation crisis deepens

2:38 pm on 18 October 2010

The acting CEO of the Fiji Sugar Corporation says it's time to bite the bullet and make the hard decisions for the future of the industry and the thousands who depend on it.

The Fiji Village website reports that John Prasad made the comments after recommending the government to shut down the Rarawai Sugar mill in Ba, saying it is no longer viable.

The industry has been beset with problems for years but in the latest season the difficulties appear to have intensified.

There have been hitches at each of the four mills with the interim government claiming it may be due to sabotage.

Last year, the Corporation recorded a loss of 93 million US dollars.

Mr Prasad says in the weeks and months ahead, tough decisions will have to be made and all stakeholders need to think things through rather than oppose every step which will be taken.