KINGSTON, Jamaica — Jamaican Minister of Energy, Mining and Telecommunications, Clive Mullings, has said that the divestment of the sugar industry presents the opportunity for the country to explore synergies and investments in areas such as alternative energy. ‘This is a time of challenge, but tremendous potential. We (the Government) have to be careful that when this divestment takes place, that the collaboration is with those who have this vision, and who have something to bring to the industry,’ he stated on (Jan. 9), while addressing the opening segment of a Ministry of Agriculture’s sugar industry retreat at the Terra Nova Hotel. According to the Minister, the sugar industry holds great potential and ‘it is very important for us to look at . what has happened in the world where even oil companies are engaged in a lot of research and involvement in green energy. We have to look at the synergies with respect to ethanol,’ he told the gathering of industry stakeholders. ‘The fact of the matter is.alternative energy is the way to go. It affects the bottom-line, it makes good economic sense. There are going to be entities that want to invest in the sugar […]