|
Closure of ethanol plant retrogressive |
|
|
|
|
Thursday, 16 February 2012 15:04 |
The folding up of operations at Chisumbanje Ethanol Project has raised concern in various economic sectors, with analysts describing the development as counter-productive.
The stoppage has resulted in the loss of a potential of at least 200 000 litres of fuel worth US$72 million expected per year.
Green Fuel Spokesperson, Ms Lillian Muungani said the major challenge regarding distribution of ethanol is that most fuel retailers do not have facilities to store the green fuel at their filling stations.
An economic commentator, Mr. Chris Kasiyazi said it is imperative for all Zimbabweans to prevent the Chisumbanje Ethanol Project from collapse as revenue expected could work wonders in the economic revival of the country.
The Chisumbanje Ethanol Project which was given national status has so far created jobs for 4 500 people including 700 farmers utilising 4 000 hectares of irrigation plots for sugar cane production.
 |