Teak planting to generate 2000 jobs

By fijivillage.com

22/11/2011

2,000 jobs are expected to be generated as a result of sustainable planting and harvesting of teak.

Future Forests Fiji that has planted over 140,000 teak trees, yesterday was officially accepted onto the South Pacific Stock Exchange after having first gone on Public Offer in October.

Future Forests Fiji Chairman, Paul Evers said they will hire local staff from areas surrounding the forests, provide specialized training and give landowners annual lease fees, 10% revenue and contracts for jobs.

Teak is a tropical hardwood which is both termite and weather resistant that is used in the production of high end furniture and ships.

Story by: William Waqavakatoga

FEATURE NEWS

No place for racist comments, I’m glad Navakamocea’s comments are under investigation – Prof. Prasad

As Public Service Commission Chairman, Luke Rokovada confirms that they are investigating alleged racist remarks made by Permanent Secretary for iTauk...

28 minutes ago

UniFiji proposes compulsory schooling from age 5 until completion of Year 12 or 13

The University of Fiji is suggesting that there should be compulsory schooling from age 5 until completion of Year 12 or Year 13 and a statutory duty ...

18 minutes ago

Ketan Lal calls out decision to purchase new “Presidential” SUV for Chief Justice

Opposition MP Ketan Lal has questioned the Judicial Department’s decision to purchase a new “Presidential” SUV for the Chief Justice, along ...

21 minutes ago

Police seek assistance in locating missing mother and child

Police are seeking assistance from the public in locating 25-year-old Mareta Biaukula and her 4-year-old child Vatiri, who were reported missing at ...

49 minutes ago

LTA Chair declines further comments on call to open e-ticketing market

Land Transport Authority Chair Inosi Kuridrani has refused to make further comments with regards to his earlier statement where he said the LTA has ...

58 minutes ago

Fuaki pursues career goal through USP studies

Watching news presenters on television deliver updates in a confident and professional manner introduced a young Unise Fuaki to the world of media ...

1 hour ago

More News

fijivillage Straight Talk with Vijay Narayan

Teak planting to generate 2000 jobs

Teak planting to generate 2000 jobs

No place for racist comments, I’m glad Navakamocea’s comments are under investigation – Prof. Prasad

UniFiji proposes compulsory schooling from age 5 until completion of Year 12 or 13

Ketan Lal calls out decision to purchase new “Presidential” SUV for Chief Justice

Police seek assistance in locating missing mother and child

LTA Chair declines further comments on call to open e-ticketing market

Fuaki pursues career goal through USP studies

Women in Media Conference 2025

Ben Salacakau and Glenis Yee on fijivillage Straight Talk With Vijay Narayan

Fiji Airways Men’s National 7s coach Osea Kolinisau on fijivillage Straight Talk with Vijay Narayan