Deputy PM, Hon. Kamikamica, Fijian Holdings Unit Trust and Fiji Hardwood discuss potential opportunities

Fiji’s Deputy PM, Hon. Manoa Kamikamica, Fijian Holdings Unit Trust CEO, Mr Jaoji Koroi, and Fiji Hardwood met to discuss potential opportunities and way forward through joint venture.

The key thing that the Hon. Kamikamica drove at was looking at maximizing opportunities through discussions now rather than waiting passively for legislation to be passed.

This of course is in regards to the repealing of the 2010 Mahogany Industry Development Act that FHCL is currently lobbying government for.

The meeting was that step to get the ball rolling on discussions to pilot some of the projects where landowners, Fijian Holdings and Fiji Hardwood would be able to do a joint venture in participation into the contract that has been issued by Fiji Hardwood.

An example of this as stated by the General Manager for FHCL would be –

Harvesting the mahogany. Transporting cuttage, or even going into processing of wood into timber and also the process of how the landowners can be more involved instead of just waiting for the proceeds.

Mr Semi Dranibaka

The FHCL Chairman also stated that –

The Deputy PM has stated that he will support whatever we come up with following discussions with us and the private sector, Fijian Holdings and Fiji Hardwood in what we can do together.

I am very pleased with the meeting today as Chairman of Fiji Hardwood.

Mr Iowane Naiveli

Similar Posts