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Tuesday, April 24, 2007

Another promising timber export

Teak may become a billion dollar industry in Fiji, according to Future Forests (Fiji) Limited chief executive, Paul Evers. Mr Evers says that the industry was capable of generating about F$150,000.00 a year.

The company has set up its first teak plantation in the Ra Province on Viti Levu.

Teak is said to be in short supply in England and other parts of the world. It is also said grow very well in the Pacific, particularly, Fiji, Solomon Islands, Papua New Guinea and Samoa.

Read more on this promising export product in the Fiji Times article here.

Note : Investors that require assistance and advice on setting up business in Fiji can contact our company, Gilbert & Samuels Company Limited, on e-mail gilbert@connect.com.fj or call telephones (679) 3396427 or (679) 9921427.

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