Our Organization
The Fiji Sugar Corporation Limited was incorporated in Fiji by an Act of Parliament in 1972 to take over the milling activities with effect from 1st April 1973. It is successor to SPSM Limited and CSR Limited. In 2006 the Fiji Sugar Corporation Act was repealed allowing it to be governed solely under the Companies Act.
Our Shareholders
The Government of Fiji is a major shareholder that owns 68% of shares while statutory bodies, local companies and individuals own the ramaining shares. The Corporation's shares are listed and traded on the South Pacific Stock Exchange.
Our Business
The Corporation owns and operates four sugar mills located at Lautoka, Ba and Rakiraki on the main island of Viti Levu while Labasa mill is located on the second largest island of Vanua Levu. The mills are strategically located on the drier side of the two larger islands where conditions are more suited to cane growing.
The Corporation is responsible for the manufacture and sale of raw sugar together with molasses as a by-product. The Corporation owns and maintains some 720 kilometres of railway network on which sugar cane is transported to the mills. The Corporation is one of the largest employers with a workforce exceeding 1,039 individuals during the peak crushing season.
The Sugar Industry is important to Fiji's economy as it contributes about 2.9 percent of GDP, generates about 16 percent of total exports with a total foreign earning of $187 million in 2009. Unlike many other export-oriented industries, most production inputs are domestic and have a high regional impact and cross-sectoral linkages.
The Corporation through its subsidiaries and related companies is also engaged in development and project work (FSC Projects Limited), agriculture chemicals (Agchem Limited).
