President of Extremadura travels to Dubai to tie up the sugar mill, after the Government approved an agribusiness plan
El Diario
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Wednesday, February 9, 2022
The president of the Board, Guillermo Fernández Vara, has announced that next week he will travel three days to Dubai "to try to close some things there and look for investors for others" and added that none of the large industrial projects that were planned for Extremadura, including the sugar company, are discarded. If any of these initiatives are delayed in time – as is the case of the Azucarera de Mérida promoted by the Gulf Sugar Company of Dubai, owner of the largest sugar factory in the world – it is because "they are not projects of 20,000 euros, they are projects of hundreds of millions of euros and since a person makes a decision until he executes it takes time". "When you are building a sugar mill in Egypt and you want another one for Europe", you still have to wait for the first one to finish to start the second, in addition to the fact that you need to "solve an issue called 700 million euros".
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