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The Sri Lankan government plans to allocate land to foreign companies to allow agriculture projects with tax concessions. The government is planning to hand over thousands of acres of forest land to several local and foreign companies under a new cabinet decision. Cabinet of Ministers approved a proposal submitted by the Ministry of Wildlife and Forest Resources Conservation
Foreign firms team up to upgrade closed sugar mills Submit final proposal on Tk 5,000cr modernisation plan Brown sugar being sold for Tk 65 per kilogramme in front of the Bangladesh Sugar & Food Industries Corporation in the capital’s Motijheel. Photo: Amran Hossain Companies from Japan, Thailand and the United Arab Emirates have teamed up to upgrade the recently shuttered six sugar mills of the Bangladesh Sugar & Food Industries Corporation (BSFIC), ensure profitability and export by-products. Sutech Engineering Co of Thailand, Sharkara International of the UAE and Sojitz Machinery Corp...