The Ethiopian Sugar Industry Group has declared the commencement of sugar production for the 2024 season at the Omo Kuraz No. 3 Sugar Factory, as sugarcane grinding operations are now underway. The production plan for this year aims to yield 245,927.5 quintals of sugar, utilizing 4,600.5 hectares of land dedicated to sugarcane cultivation.
Ethiopian Sugar Corporation (ESC) has announced the 2 Omo Kuraz sugar factories are set to commence production by the coming January.
Project coordinator for Kuraz Sugar Development announced Omo Kuraz -I sugar factory will commence sugar production in two months time.
Development Bank of Ethiopia (DBE) had failed to attract any bidder after foreclosing Omo Valley Farm Cooperation. The farm, which is 10,000 hectares of cotton farm, is being auctioned for 166.5 million Birr default loan.
The construction of Omo-Kuraz I sugar factory is 80 percent complete and it is expected to go fully operational in the coming Ethiopian year, Ethiopian News Agency reported.
