Fiji’s Punjas Group of Companies, one of the nation’s largest privately-owned enterprises, has announced the construction of a new $55 million distribution center in Lautoka, which marks a significant milestone as the company approaches its 90th anniversary next year. This advanced facility, expected to be the largest warehouse in the Pacific, will boast a storage capacity of 24,000 pallets and is part of Punjas’ expansion strategy aimed at enhancing supply chain capabilities across Fiji and the Pacific region.
Recently, the Deputy Prime Minister and Minister for Finance, Prof. Biman Prasad, toured the construction site and recognized the investment’s potential to stimulate economic growth not just for Punjas, but for the entire Pacific community. He affirmed that the new distribution center would enhance the efficiency of regional supply chains and create numerous economic opportunities, solidifying Fiji’s role as a significant player in the expanding market.
Founded in 1935, Punjas currently employs over 1,500 workers and continues to innovate within its biscuit manufacturing operations. The company is also committed to community welfare, as evidenced by its recent investments through the Punjas Charity Trust; this includes a $2.25 million expansion of the Punjas Medical Centre and enhancements to the Punjas Children’s Park in Lautoka, aiming to improve living standards for Fijians.
As Punjas prepares for its 90th anniversary, this new development and ongoing community initiatives showcase not only the company’s growth ambitions but also its dedication to supporting Fiji’s socio-economic landscape.
In summary, the establishment of the $55 million distribution center illustrates Punjas Group’s commitment to expanding its operations while contributing to the local economy and enhancing the quality of life for the people of Fiji. This initiative also instills optimism about future economic development in the region.
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