WGGO took on this project to seek investors. Initially, the biofuel project planned to build a sugarcane plantation in the department of Quindio, Colombia, to produce sugar and construct a decanter to produce ethanol fuel.
Colombia has immense potential to develop biofuel projects without affecting its food security., Biofuel is seen as a national source of economic growth and generates employment opportunities and improves the environment.
With the enactment of law 693, more democratic security, it begins the largest agro-industrial project in the history of Colombia. Fuel Alcohol Project-Done in Quindio, has been structured since 1995, today is framed in the development, distributing its catchment area of 6500 hectares, which include municipalities, at sites between 1000 and 1200 meters above sea level, considered as marginal areas of coffee cultivation, with slopes no greater than 7% exploiting the outstanding advantages and competitive in the region for the cultivation of sugarcane, such as the fertile soils volcanic origin, thee 5.5 hours of light per day, rainfall of 1800 millimeters, thee latter allowing the definition of the watering need not, thereby providing a cost of agricultural production, with 30% less than in other regions of the country, including the short distances for the transportation of cane, security department, with an increase of 15 and 8 points in the industrial and agricultural sectors.
Creation of 6500 new jobs.
Participation 200 farmers.
6500 acres of sugar cane
CO2 sequestration and oxygen release.
- Zero risks to food security.
- State’s GDP increased by 3.1%.
- Agricultural GDP growth of 8%.
- Industrial GDP increase 15%.
- Generation of 6,500 new Jobs.
- Decrease in unemployment rate from 20.5% to 17.5%.