September 14, 2015
Sugaronline | http://goo.gl/oq2onL
Morocco has made a great effort over the past three years to guarantee its domestic sugar needs by increasing the overall production capacity to 1.65 million tonnes annually, Mounir Hassan, an official from Morocco's Inter-Professional Federation of Sugar (FIMASUCRE), announced during the International Sugar Conference in Marrakesh, according to Morocco World News.
Morocco's current annual production of sugar covers the country's annual consumption of around 1.2 million tonnes.
Mounir Hassan noted that this increase is the result of the Morocco's huge investment in the sector.
"The Moroccan government has invested more than MAD5.5 billion (US$568.7 million) for the upgrade and modernization of the manufacturing base," he added.
He went on to add COSUMAR, the Morocco-based sugar producer, will continue its efforts in order to increase the domestic production of sugar to exceed the national needs by 56% by 2020.