PAFCO looks to expand operations

Listen to this article:

PAFCO CEO Bhan Pratap Dingh presenting in parliament yesterday. Picture: JONA KONATACI

A MAJOR fishing factory in Fiji is looking to expand its operations into canning as the supply of tuna has been declining.

This was highlighted by Pacific Fishing Company Ltd CEO Bhan Singh during their submissions to the Standing Committee on Public Accounts on the 2016 – 2017 Audit Report on Statutory Authorities in Suva yesterday.

He said the company was facing a major challenge of keeping up with the supply of tuna to the factory.

“We have been faced with various challenges of supply issues mostly, the Albacore supply has been quite low this year and we have been running quite low on the factory’s output throughout the year,” Mr Singh said.

“Tuna is a seasonal, it is available in other regions but it is not available in the region where we buy our tuna at the moment.

“It may be tuna is a migratory fish but there are price issues as well, there is a lot of competition for tuna too.”

He added the arrangement PAFCO had with Bumble Bee as part of the processing agreement was that Bumble Bee would buy and supply the tuna to the fishing company.

Read the full report in the Business section of today’s edition of The Fiji Times.

Array
(
    [post_type] => post
    [post_status] => publish
    [orderby] => date
    [order] => DESC
    [update_post_term_cache] => 
    [update_post_meta_cache] => 
    [cache_results] => 
    [category__in] => 1
    [posts_per_page] => 4
    [offset] => 0
    [no_found_rows] => 1
    [date_query] => Array
        (
            [0] => Array
                (
                    [after] => Array
                        (
                            [year] => 2023
                            [month] => 12
                            [day] => 29
                        )

                    [inclusive] => 1
                )

        )

)

No Posts found for specific category