Search Result for: complant

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China Investing $156M in Jamaican Sugar

Above: the Chinese embassy in Jamaica COMPLANT, the state-owned Chinese company which acquired the state-owned assets of Jamaica’s sugar industry, is rolling out $156 million to invest in the renovation of three factories and sugar cane fields over the next […]

Jamaica, Chinese Firm Finalize Sugar Deal

The Jamaican government has completed the privatisation of the country’s sugar industry, signing a divestment agreement with state-owned Chinese company COMPLANT. Under the agreement, COMPLANT will acquire the Bernard Lodge, Frome and Monymusk lands for $9 million. “We know that […]

Jamaica to Earn Double on Sugar Exports

The Jamaican government has secured a contract to supply 80,000 tonnes of sugar to the European market for more than double the price of the current crop. The agreement with European firm ED&F Man Sugar Limited is coming at a […]

Jamaica-China Sugar Deal Sours: Report

Chinese firm COMPLANT, to whom the Jamaican government divested three state-owned sugar estates last year, is reportedly showing reservations over the deal. Cleveland Keddo, chairman of the Westmoreland and Hanover Cane Growers association, said the Chinese were not aware of […]

Jamaica Seeks More Chinese Investment

Above: the Chinese embassy in Jamaica Above: the Chinese Embassy in Jamaica (Photo: Chinese Embassy) Jamaican Minister of Finance Audley Shaw said an invitation has been extended to the Chinese to expand their investments in the country. Shaw, who was […]

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