Egypt’s Nile Sugar to invest $450m in sugar production in Uzbekistan
Minister of Investment, Industry and Trade Laziz Kudratov said that Nile Sugar is expected to begin implementing a $450 million project in Jizzakh from March. The initiative will be financed through direct foreign investment and will cover the full production cycle – from growing sugar beet to processing and producing finished sugar.
This is reported by AgriInsite.
According to Kudratov, the plant’s projected annual output will reach up to 200,000 tonnes of sugar, making it one of the largest projects of its kind in the c...