date:Mar 10, 2014
For the third consecutive year Cuba's reorganised sugar industry is failing to perform up to expectations, increasing pressure on the government to open up the once proud sector to foreign investment. Already one mill, the first since the industry was nationalised soon after the 1959 revolution, is under foreign management, with at least seven others on the auction block.
AZCUBA, the state-run holding company that replaced the Sugar Ministry three years ago, announced plans to produce 1.8 milli