The Philippine sugar industry will thrive amid the establishment of the Association of Southeast Asian Nations (Asean) Free Trade Area (AFTA) in 2015 on account of continuing financial and technical investments from the private sector, the Sugar Regulatory Administration (SRA) said.

In a speech during the inauguration of the Universal Robina Corp. (URC) Fuel Ethanol Plant in Negros Oriental, SRA Administrator Ma. Regina Bautista-Martin assured stakeholders that the sugar industry would survive beyond 2015.

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