EXPANSION plans in Fiji by Sri Lankan conglomerate Aitken Spence PLC through its subsidiary company Elpitiya Plantations has finally made progress since initially exploring opportunities in the country last year.
Aitken Spence PLC, a prominent Sri Lankan conglomerate specialising in the agricultural sector, was exploring initial plans to introduce cutting-edge agricultural technologies and exploring renewable energy solutions to enhance Fiji’s agricultural productivity and sustainability.
During their visit in 2024, the Aitken Spence delegation held discussions with local brands like Ranadi Plantations, Nature’s Way Cooperative, Jack’s Mango Farm and Bula Coffee.
The visits were facilitated by Government investment arm Investment Fiji and was aimed at identifying and developing viable agricultural opportunities in Fiji.
Aitken Spence board director Dr Rohan Fernando said their approach was comprehensive in encompassing everything from innovative farming practices to advanced processing techniques, with a strategic focus on both local consumption and export markets.
“Fiji presents a wealth of opportunities for commercial farming, particularly in sectors such as papaya, pineapples, dragon fruits, berries, coffee, tea, mangoes, cinnamon, lime and passion fruit,” Dr Fernando said.
Earlier this week, Investment Fiji took to social media to announce that the team from Aitken Spence is back in the country and now in the process of finalising land arrangements for their proposed pilot site.
The proposed site is located at Nawaicoba in Nadi where Investment Fiji and the visiting delegation held productive discussions with the landowner on Tuesday.
Investment Fiji further announced that the visiting delegation was now back in Fiji to officially register their company and explore strategic partnerships with local stakeholders.
“This morning, the delegation met with the Investment Fiji chief executive officer Kamal Chetty to further discuss project progress which aims to bring advanced agricultural practices, employment opportunities, and export potential in the Agricultural sector,” Investment Fiji stated.
Investment Fiji plays acritical role in facilitating the visit, offering insights into Fiji’s investment climate, connecting Aitken Spence with local partners and providing guidance on regulatory and economic aspects.
The growing investment opportunities in Fiji can potentially reduce Fiji’s reliance on imported agricultural products and open new export markets.
