CABINET ESTABLISHES SUGAR INDUSTRY COMMISSION OF ENQUIRY

  April 22, 2010

CABINET ESTABLISHES SUGAR INDUSTRY COMMISSION OF ENQUIRY

Cabinet has approved the terms of reference for the Conduct of the Sugar Industry Commission of Enquiry in the sum of $13.5 million. The Commission is to be chaired by Professor Alvin Wint.

The disclosure was made yesterday (April 21) during the Post Cabinet Press Briefing at Jamaica House  by Minister with responsibility for Information, Daryl Vaz.

The Commission will review the industry's regulatory, institutional, cane pricing and marketing arrangements and will be instructive for the continued divestment of public sector sugar assets.

To date, two of five estates have been divested. The remaining are being restructured. The most recent review of the industry was in 1987, twenty eight years ago.