Fijian Holdings Ltd (FHL) is planning to set up a warehouse in the west to avoid cement shortages in the future, reports the Fiji Broadcasting Corporation. Last year FHL’s subsidiary company, Pacific Cement, suffered a major breakdown in its mill and was subsequently closed for nine weeks, resulting in cement shortages in the country.
The new warehouse with cement silos is expected within the next six months, according to Nouzab Fareed, FHL Chief Executive.
"So that is basically diversifying our risk so within next 3 to 6 months, you’ll see Pacific Cement is having a big warehouse in the West because we don’t need big building structure, we just need land and few things to carry on," he said.
Additionally, FHL has invested in upgrade and maintenance work at Pacific Cement.
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