SUNBIZ

Sharma: Food Processors Limited Undergoing Transformation

Food Processors Fiji Limited(FPFL), is going through a transformation, said its new­ly-appointed chairman, Raj Sharma. Mr Sharma advised that the state-owned company has completed a business plan with high priorities
22 Sep 2018 11:00
Sharma: Food Processors Limited  Undergoing Transformation
Some staff members of Food Processors (Fiji) Limited

Food Processors Fiji Limited(FPFL), is going through a transformation, said its new­ly-appointed chairman, Raj Sharma.

Mr Sharma advised that the state-owned company has completed a business plan with high priorities focusing on its balance sheet.

It has put up sale for its non-core assets that includes properties in Suva (NATCO Building) at Walu Bay, Batiri farms in Seaqaqa and com­mercial lot in Savusavu.

This sale is subject to Gov­ernment’s approval, he said.

There has been some inter­est shown, added Mr Sharma.

He said that company is looking at improving the sup­ply chain partnership, espe­cially for farmers, which will extend to most parts of Viti Levu and Vanua Levu, soon.

FPFL is a food manufactur­ing company that processes locally grown agro-food by value adding vegetables, root crops and seafood.

About FPFL

FPFL manufactures tomato sauce and coconut cream for local market, while export market is to countries such as Australia, New Zealand, Can­ada and USA.

Pacific Islands countries are also being targeted in the next six months, said Mr Sharma.

“We expect to increase our sales and distribution to Va­nua Levu and other parts of Fiji soon,” Mr Sharma said.

The products are marketed under two well-known brands: Pacific Crown and Red Rib­bon.

The company currently em­ploys 22 permanent and 20 part time staff.

Some staff have being work­ing for over 20 years, said act­ing chief executive officer, Krupali Ben.

She said that the company is looking at filling the po­sition of the financial ac­countant and sales supervi­sors, which had been vacant. Ms Ben has thanked the Gov­ernment for the continued support and capital grants.

The company plans to reposi­tion itself in the market with re-branding and awareness in the next three months, af­ter restructure of its balance sheet, said Mr Sharma.

Source: Food Processors (Fiji) Limited

Feedback: maraia.vula@fijisun.com.fj

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