Thirty interested parties have responded to the tender invitation to establish a new sugar mill in Rakiraki, as announced by Sugar Minister Charan Jeath Singh. The responses reflect a mix of proposals, including some companies that offered partial funding and others that suggested to supply the mill without financial backing.
Notably, one proposal stands out from a Chinese company, which is looking to implement state-of-the-art technology while also providing the necessary funding to bring this ambitious project to fruition. Singh has planned a meeting with this company within the week to finalize arrangements.
While it is unlikely that the mill will be operational before the next elections, Singh assured that foundational groundwork would commence shortly. The new facility is expected to diversify its production by generating raw sugar, refined sugar, ethanol, and even power, thus maximizing profits and addressing the current reliance on imported refined sugar.
The establishment of the Rakiraki mill aligns with broader efforts within Fiji’s sugar industry to modernize operations and enhance efficiency, particularly following years of declining production figures. Earlier discussions indicated the need for significant investment, with estimates suggesting a complete new mill would cost around $250 million. However, alternatives such as acquiring a second-hand mill from China have been introduced as a more cost-effective solution.
This ongoing project not only aims to revitalize Fiji’s sugar sector but also hopes to create job opportunities and stimulate local economies, fostering a more sustainable agricultural landscape in the long term. The future of the sugar industry in Fiji appears promising, as engagement with international partners reflects a collective commitment to modernization and productivity enhancements.