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$500k naming rights

Moiz Munif
Saturday, January 27, 2018

FLOUR Mills of Fiji (FMF) has secured the naming rights for the renovated National Gymnasium in Suva for a decade.

The deal is worth $500,000 and FMF will pay the Fiji Sports Council (FSC), $50,000 per year.

This was revealed during a press conference at the FMF boardroom in Walu Bay, Suva, where the official agreement was signed as well.

Litiana Loabuka, the FSC chief executive officer, said this would assist the council.

"It is $50,000 per annum for the next ten years and the funding will go into the maintenance of our facilities," she said.

"This is ensuring that we have enough people on the ground to keep the facility in the state it is now.

"It is our pleasure to have our relationship strengthened further and we are proud to be associated with FMF. Thank you for your trust in us (FSC) in signing this contract and such a long term, that is 10 years. We are grateful to FMF."

Ram Bajekal, the FMF managing director, said: "We have been impressed with what FSC has been doing. We have been watching all the facilities shape up and come to world-class standards".

"FMF has always been committed to sports, community and we realise that as corporate citizens we need to play our part."

FMF held the naming rights for the gymnasium in the past years.

The upgrade cost $4.1 million.

The gymnasium, multipurpose indoor facility, which now boasts being equipped with a new floor, roof, top-of-the-range sound system and an air-conditioned training room for smaller groups, has a seating capacity of 1800.








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