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Business

FMF Foods Capital Investment reaches $23m

July 22, 2019 6:58 am

FMF Foods Limited has invested around $23m in various projects to enhance its operations.

Managing Director Ram Bajekal says the aim is to make Fiji a powerhouse in the Pacific.

The Group exports the bulk of its products to the Pacific Island countries with Australia and New Zealand being the major markets.

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Bajekal says the USA, Canada, and the UK markets are also performing well.

“This is basically a commitment from the FMF Group into investing more and more in Fiji. We see that there are many opportunities that we can harness here. We would like to be at the forefront of manufacturing quality food. We would like to be at the forefront of satisfying consumer demands and consumer needs and we would like to be at the forefront of everything Fijian.”

As part of its Capital Investment Plan, the Group’s new central stores and warehouse is also complete and will begin operations in September.

The Group has also modernized its flour mill, and the new biscuit factory in Veisari, Lami is also making progress.

Bajekal says FMF will also upgrade and replace its existing noodles and chips lines to cater for the growing export demand.

The Veisari factory expansion and installation of noodles and chips lines will complete in March next year.

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