State woos investors with 21-year renewable leases for Bura sugarcane farming

The State has dangled 21-year renewable leases as it races to woo investors to take up 25,000 acres of land within the Bura Irrigation Scheme for commercial sugarcane production, as part of a wider strategy to generate revenue from idle public assets.

The Bura scheme has a total of 296,000 acres, of which 12,000 acres have been developed, and 6,000 acres are actively under production for rice and maize.

Leave a Reply

Your email address will not be published. Required fields are marked *