Weather Fiji, Suva   Max 30°C, Min 23°C

Fiji Sun

NEWS, SUNBIZ

Chinese Company Invests in Piggery and Resort

Chinese Company Invests in Piggery and Resort
Fijian delegation to COP23 bid farewell to participants of the 2017 climate change conference in Bonn Germany on November 18, 2017. Photo: Jyoti Pratibha
August 14
09:25 2014

Asian investors continue to spend millions in setting up businesses in Fiji.

Tian Tian Tian Yuan Company (Fiji) Limited of Shaoxing city in China said it is investing in a piggery project at Vakabalea in Navua and a resort at Pacific Harbour.

Company general manager Ray Zhao said they had the official ground breaking ceremony for the piggery a few weeks back.

The owner, who is currently in China, bought the 45 acres of land in April this year.

Mr Zhao highlighted they target to farm 10,000 pigs in the future and produce 10,000 every year.

Company staff member Lu Wang said: “Fiji is a beautiful place and we found there is a demand for pigs.

“Actually we got the figures from Biosecurity Authority of Fiji that every year Fiji needs to import some bacon and ham products from overseas.

“The Fiji government also wants to increase the local production and my boss was directly interested in investing in Fiji in this particular product.”

Suva City Council special administrator Chandu Umaria said: “It’s good to see overseas investors coming in to Fiji and investing in manufacturing and other businesses.

“Even in Suva there’s hardly any shops empty. Most are taken up by Asian businessmen especially in Cumming Street and Marks Street.

“That shows the confidence they have in Fiji which is good for the country and the people of Suva.”

The Chinese company invested $1 million for the Navua land.

At the moment they are still arranging for the building materials to be shipped from China to Fiji.

“We will start building the farm facilities by the end of August. By the end of the year we should have the farm up and running,” Mr Wang added.

Import

“There are plans to import the pigs from Australia. We are still dealing with the piggery farms in Australia and also the Biosecurity Authority of Fiji to get the approval to ship it over.

“There will be local employment as well because we will be looking after 10,000 pigs at the farm we will surely need many workers.”

The company will be targeting the local market for its products with an expansion plan to export to Tonga and nearby Pacific Island countries even exporting back to China.

“The piggery farm is not our only project here we also bought a land at Pacific Harbour so are planning to build a resort and also real estate for that we will need a lot of local labour.”

Feedback: Maraia.vula@fijisun.com.fj

Share

Related Articles

you said it
"I support it 200 percent, I am with FRU, the country and the people of Fiji. We want to bid to get one of the HSBC stops in Fiji."
Waisale Serevi
Sevens Legend

Fijisun Online @Instagram