Governments Splits Up SCJ Assets To Achieve Sale

The Jamaican government has been forced to adopt a new strategy to sell off the loss-making Sugar Company of Jamaica (SCJ) after an offer from Brazil-based Infinity Bio-Energy fell through and no other bidders emerged for the operation as a single unit. The government has now invited parties to bid on varied combinations of factories and estates, and has revealed that it has received expressions of interest from 14 companies.

To read the full article, please take a trial.