chapter  25
2 Pages

Project Costs and Escalation

Projections, 1976: Production commencing by 1978/79 season with a modest 150,000 tonnes, reaching 300,000 tonnes per annum by 1980/81

Actual: Commenced production in 1979/80 with 20,000 tonnes, reaching in excess of 300,000 tonnes per annum by 1884/85 season (though production subsequently slipped after 1986/87). However, ten years on, with the benefit of the cane plantation extension partly realised, production was at 356,000 per annum and still rising.