Fijian Holdings Limited is optimistic about taking the printing sector to another level in the next two years.

FHL bought the Government Printing and Stationery Department for $6 million earlier this year and its now known as Serendip Investment.

This is a joint venture between Fijian Holdings Limited and Sri Lankan based company Aitken Spence.

FHL Group Chief Executive Nouzab Fareed says they are investing four million dollars in new machinery.

“It will take at least 7 to 8 months to get the machines so we are at by the middle of next year, we will have brand new machines, printing machines in the Government printery and we will be doing most of the things which are not possible to do in Fiji.”

Fareed says they want to have a world-class printery in the country.

He also reveals that they also hope to print passports for most Pacific Island countries in the next two years.

Currently, more than 70 staff are employed at the Serendip Investment