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Sugar


Sugar is an important commodity. The demand for sugar consumption has constantly risen in the past few years. In the developing countries, sugar is an important contributor to the economy.
The following criteria are used to determine project eligibility:

  • Sponsors must have previous experience with sugar and be able to sustain a high level of capital contribution.
  • Expansion/rehabilitation projects are preferred.
  • Cane sugar and rain-fed sugar investments are preferred.
  • Access to efficient processing is crucial.
As of March 31, 2008, IFC's portfolio in this sector was $458 million or 18% of IFC's total agribusiness portfolio.


Project Examples


India
Construction of a greenfield sugar mill and associated 20MW cogeneration power plant.

Committed: 2003
Turkey
Empresa Agroindustrial
Laredo
Modernization of sugar mills and expansion of sugar cane fields.


Committed: 2000

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