Fiji Sugar Corporation
(FSC) is the Government-owned sugar milling company in Fiji
having the monopoly on production of all raw sugar in Fiji. It is also the largest public enterprise in Fiji directly employing nearly 3000 people while another 200,000 or more depend on it for their livelihood in rural sugarcane belts of Fiji.
It operates 4 sugar mills on the main island of Viti Levu namely in Lautoka, Ba (Rarawai), Rakiraki (Penang) and one on Fiji's second largest island Vanua Levu called the Labasa Sugar Mill. The huge mill that is situated in Lautoka is also the largest in Fiji and once held the title of being the largest sugar mill in the Southern Hemisphere.
The Fiji Sugar Corporation was incorporated in Fiji by an Act of Parliament in 1972 to take the milling activities with effect from 1 April 1973. At present, of the 399,998 fully paid shares, the Government owns 30,239,160 shares, and the rest are owned by statutory bodies, local public companies and individuals. The government therefore owns a majority share (68.1%) in the Corporation.
The Corporation has a Board of Directors appointed by the government and is the policy-making and governing body. The Corporation is predominantly managed and staffed by Fiji citizens. Following the forever, CSR continued to act as Fiji's sugar marketing agent overseas unti1 1976, when the government formed the Fiji Sugar Marketing Company Ltd to handle marketing activities. The company has its Head Office in Lautoka.
With the farmers... Read More