The Grace Road Food Company from Korea will be establishing a commercial rice farming scheme on an 85 acre piece of land in Narara, Deuba.
Grace Road Food Secretary, Daniel Kim said the company has already invested about $3 million into the development of the area and hope to invest a total of $7 million by the end of September.
Kim also said that once they kick off production they hope to supply the whole of Fiji with rice as it is a healthier alternative than Cassava.
He added that they aim to employ the people from the nearby villages in Deuba and also assist them with education.
Under the Ministry of Agriculture’s 2020 Policy Agenda, it said that increasing the existing rice production areas in Fiji is necessary for Fiji to become self-sufficient in rice.
The Ministry of Agriculture is currently providing Grace Road Food Company with Technical Assistance.
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