MSF Sugar invests $15 million in cane irrigation
MSF Sugar is spending about $15.5 million to upgrade and expand cane farm irrigation in Maryborough in a bid to boost tonnage.
Chief executive Mike Barry said the five-year project would provide 17 MSF-owned farms with 40 centre pivots.
He said 1619 hectares would be upgraded to low-pressure irrigation in the project which covered 54% of MSF's farm land in the Maryborough area.
Mr Barry said Project Akuna, which takes its name from the Aboriginal word for flowing water, would supply an additional 60 315 tonnes of cane.
Agriculture Minister John McVeigh was in Maryborough to congratulate MSF on the initiative.
It's understood the company will also make $15 million available in low-interest loans for other canegrowers to spend on irrigation.