(KPL) A giant sugar-producing private company in Laos will increase its sugar production capacity to 45,000 tonnes for export to the European Union by this year.
The export of sugar this year will increase to 25,000 tonnes if compared to last year’s, said Mr Banthuang Vongkusonkit, Manager of Lao Mithpol Company.
He added that the sugar mill was officially opened last year, with a production capacity of more than 23,000 tonnes, mainly for export. 95 percent of this year’s product would be exported to the European market and the rest would be for local market.
“Last year, we exported more than 20,000 tonnes of sugar to the United Kingdoms, which was the first year of our export,” he said.
This year, we expected to produce more than 45,000 tonnes sugar for export, he said.
Presently, the company has more than 8,149 hectares of sugarcane plantations in three districts of Saybouly, Outhoumphone and Champhone, central Savannakhet province.
The company will expand the plantation by 10,000 hectares this year.
Mr Banthueang said that, “we planned to plant sugarcanes on 3,000 hectares nearby Thakhek and Se Bangfay districts in Khammouane province, and more than 2,000 hectares in Atsaphone and Champhone districts, Savannakhet province.
The plan was proposed to the government and is now under consideration.