Over $700,000 will be distributed as bonus among staff of Fiji Ports Terminal Limited.
Attorney-General and Minister for Economy, Aiyaz Sayed-Khaiyum on Friday said the company, with its 343 workforce, had made a higher level of profit than anticipated.
He said an additional bonus was owed to the performance management assessment.
“Looking at the figures, your transshipment has increased by nearly 29 per cent,” Mr Sayed-Khaiyum said.
“That means shipping companies are now looking at this port (Suva) and maybe Lautoka port as a hub for transshipment.
“Companies can ship where they feel a particular port is efficient, the turnaround times are good, and the way the customer services are provided is pretty good as Fiji, geographically, has been in the hub of the South Pacific.
Board chairman, Hasmukh Patel, said there were different ratios on how the payout would be distributed.
Investment
FPTL has invested $4.5 million to procure additional state-of-the-art container handling machines, consisting of two units of Reach Stackers, and two units of empty container handlers.
The two Reach Stackers are scheduled to be delivered at the end of the year, while the two empty container handlers arrive by mid-2023.
In addition, $500,000 has been allocated to acquire new cargo/container handling gears.
Development
The focus is on the development of the human capital and other port infrastructure to ensure efficient and effective port operations and service delivery.
Mr Sayed-Khaiyum said the government was looking at the relocation of the wharf and the improvement of the infrastructure port in Levuka..
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