#FijiTimesNews Fiji Sugar Corporation Board chairperson Nitya Reddy shared the Sugar Industry's experience with dealing with the Penang Sugar Mill in Rakiraki which was decommissioned a few years ago. Mr Reddy said FSC lost millions following the mills closure which he says could have been avoided if it was refurbished at a cost of $20 million. Instead, he said, parts of the decommissioned mill were sold for $350,000 to a Korean company. More of the Sugar Industry's struggles in todays' The Fiji
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