Christmas comes early for about 400 staff of FPCL and Fiji Ports Terminal staff as they receive dividend and bonus

Christmas will be a lot more joyous for more than 400 staff of Fiji Ports Corporation Limited and Fiji Ports Terminal Limited as they received a dividend payout and bonus for 2022.

325 staff of Fiji Ports Terminal will receive $248,217 while 83 staff of Fiji Ports Corporation Limited will receive $688,000.

Fiji Ports Corporation Limited Board Chair Peter Wise says FPCL paid out $15.5 million as dividends where the government which owns 41 percent shares received $6.389 million, FNPF which owns 39 percent received $6.078 million while 20 percent shareholder Aitken Spence got $3.166 million.

While officiating the ceremony, Prime Minister Sitiveni Rabuka says the government is aware that the current ports facility has already reached maximum capacity.

He says the plans for expansion have been there for some time.

The Prime Minister says the government has not executed those dreams and plans and they must therefore move very quickly.

Rabuka further says the coalition government is currently revising what they have done in the past and is reviewing the opportunities in ship repair and shipbuilding.

The Prime Minister says there are huge opportunities for Fiji in this sector and already some of the country’s development partners are getting worried when they hear him speak about developing Fiji’s capacity and capabilities and continue to monopolise those services and serve in the Pacific.

Rabuka says they can do it for themselves and the Pacific.

He says Fiji has the opportunity and the potential to once again be the hub of ship repair and ship building in the region.