One of Fiji’s largest private enterprises, the Punjas Group of Companies, has announced the completion of its new $55 million distribution center in the Western Division ahead of its 90th anniversary next year. This state-of-the-art facility, currently under construction in Lautoka, is set to be the largest warehouse in the Pacific, boasting a storage capacity of 24,000 pallets.
The new distribution center underscores Punjas’ dedication to enhancing its supply chain capabilities across Fiji and the wider Pacific region, aligning with the escalating demand for both food and non-food consumables. Recently, Deputy Prime Minister and Minister for Finance, Prof. Biman Prasad, toured the facility and emphasized its significance not only for Punjas but also for the entire Pacific region. He highlighted that the investment will bolster the efficiency of regional supply chains and create new economic opportunities, solidifying Fiji’s role as a pivotal player in the expanding Pacific market.
Established in 1935, Punjas employs over 1,500 staff and is committed to innovation and growth. During his visit, Mr. Prasad also explored the company’s headquarters and biscuit manufacturing operations, where discussions about the firm’s future vision and its contributions to economic development took place.
Moreover, Punjas celebrated an expansion of its medical center with a $2.25 million investment through its charity trust, aimed at increasing access to medical care. The company is also enhancing the Punjas Children’s Park in Lautoka, demonstrating its ongoing commitment to improving the quality of life for Fijian residents.
This announcement is not only a victory for Punjas but also heralds a promising future for the regional economy, showcasing the potential for growth and development in Fiji.
Overall, this investment reflects a positive trend of resilience and progress in Fiji’s economy, emphasizing the importance of local enterprises in fostering community welfare and economic growth.
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