The Japan Bank for International Cooperation (JBIC) has expressed interest in investing in Bangladesh’s sugar industry as well as setting up a fertiliser factory like the one in Ghorashal town under Palash upazila of Narsingdi.
The Bangladesh Sugarcrop Research Institute (BSRI) conducted the experiment in 15 upazilas under 14 districts across the country and the result was truly encouraging as scientists found that the climate in Bangladesh is fit for sugar beet cultivation. But, commercial cultivation of sugar beet could not take off in the country in these long years as the existing sugar mills do