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Secure future

Repeka Nasiko
Monday, March 03, 2014

THE replanting of pine trees is a key factor in achieving a secure future, says Fiji Pine Group of Companies executive chairman Faiz Khan.

Mr Khan said while nothing could be done to change the past, the company needed to continue with efforts to replant.

"When our companies are stronger and functioning efficiently, we can give more returns to our landowners on a sustainable basis," he said.

"Our companies' business risks of trading in a volatile commodity wood chip market can never be discounted either.

"We have seen sharp ups and downs. We need to prepare ourselves for the downturns."

Mr Khan said many upgrades were also needed by the company.

"You look around us, some of the factory equipment is 35 years old, tired and in dire need of upgrades."

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