Caprivi Sugar Cane Project Seeks Funding

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By Petronella Sibeene

WINDHOEK

A multi-billion-dollar sugar cane plantation project planned for the Caprivi Region will start production by 2014 if more funds are secured.

During an investment conference that ended recently, Peter Prince of PGBI, a company that offers specialist services in sugar, timber and power industries, said the sugar project is the only practical way that would reduce poverty in that region as well as the country, considering the benefits to be derived from the project.

He said the venture calls for private-public partnership.

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