Bitter story of sugar of Booker Tate to be re-written in Sri Lanka

(January 06, 201,  Lanka Polity, Ajith Perakum Jayasinghe) Sri Lanka Board of Investment (BoI) says that British firm Booker Tate is to come to an agreement this month to invest US$ 110 million to establish a sugar factory in Moneragala.

Environmental Impact Assessment is being carried out now, reports say.

Booker Tate, a subsidiary of Tsb Sugar International, will be collaborating with IMS Holdings along with an individual party in Sri Lanka to establish the plant that is to be named as “Bibile Sugar.” 

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Posted in Bibile Sugar , Booker Tate , IMS Holding