FIJI: Businessman blames Finance Minister for investment loss
Updated
Fiji's most successful businessman has blamed the interim government's determination to reduce tariffs for his decision to axe a multi-million dollar investment in a new manufacturing facility. Flour Mills of Fiji has announced it will not be going ahead with its new brewery, chocolate manufacturing plant or an expansion of its existing biscuit and chip facility. The move comes as the Fiji economy continues to struggle in the wake of the 2006 coup. Flour Mills Founder and Chairman, Hari Punja, has been named by Pacific magazine as one of the region's top 10 influential people. Mr Punja says the interim government's 2008 budget decision to reduce tarrifs is also forcing his company to scale back its rice and pea processing operation.
Presenter: Jemima Garrett
Speakers: Hari Punja, Chairman Hari Punja and sons group of companies.
