Business

$608,358 grant distributed to five exporters

July 22, 2019 12:45 pm

A total of $608, 358 grant was distributed to five local exporters this morning.

Civa (Fiji) Pearls Ltd – a well-known harvester and exporter of pearls received $88, 513.63.

The grant will be used to purchase a 23-foot boat with outboard engine, spat collector lines, pocket nets for reseeding and for a nursery.

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Minister for Industry and Trade Premila Kumar during the handing over ceremony urged the exporters to also target the grass-root communities.

“The grants will also enable the respective companies to reach out to grass-root communities and villages who may have goods but have no market and due to transportation problems they are really not able to do much”.

The National Export Strategy, over the past 12 years has assisted 105 projects worth over $14 million.