Fiji Fisheries Minister Bainivalu backs $20m guarantee to keep PAFCO operating
Fiji, Nov. 3 -- Fiji's Government is seeking to provide an additional $20 million (US$10 million) guarantee to the Pacific Fishing Company (PAFCO) to strengthen its operations, maintain production and protect jobs in Levuka.
Minister for Fisheries Aliti Bainivalu supported the motion in Parliament, saying the company was a major employer in Ovalau and an important contributor to Fiji's fisheries industry and national exports.
"PAFCO is the largest employer in Levuka and an important economic lifeline for Ovalau and the wider Lomaiviti Province," Bainivalu said.
She said supporting the company meant protecting hundreds of jobs, supporting local fishers and businesses, and strengthening Fiji's fisheries sector.
Bainivalu said the Minist...
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