FFA Press Release
A week after Seafood Expo Asia, seven Pacific small to medium sized fishing companies continue to reap the benefits of attending and meeting with potential buyers.
Having set up a Pacific Pavilion at Seafood Expo Asia, the Pacific Islands Forum Fisheries Agency (FFA) was delighted to learn that companies not only got to showcase their products and meet with potential buyers, but managed to secure confirmed orders following the show.
Of the seven companies, one secured orders from two buyers worth several million dollars (USD), while others are still negotiating and finalising sales. Jacob Kamau, Managing Director of Tatiduh Seafood Limited based in Papua New Guinea said “Two companies have placed firm orders which surpass our annual volume.”
“This is a very new area of support for us and we are pleased to see that results are showing immediately. SMEs in the Pacific face a lot of challenges including access to markets. Therefore, it’s truly a sign of success to see that the companies we supported are already getting secure orders,” said FFA Deputy Director General, Matt Hooper.
The seven FFA-supported companies were Tatiduh Seafoods Limited from Papua New Guinea; Golden Ocean, Solander, Sealand Processors and Sea Quest Limited from Fiji; Fuko Fishing Company from Tonga and Kiribati Fish Limited from Kiribati.
These companies took the opportunity to also participate in promotional events at the Expo. This included Taste Kitchen with support from Sealand and Sea Quest Limited, Young Chef’s challenge with support from Solander and Golden Ocean, Product Showcase which had products from all the companies, and a presentation on behalf of FFA, showing our contribution to the sustainable management of tuna resources in the Western and Central Pacific region by FFA’s Investment Facilitation Adviser, Justin Ilakini.
An interesting feature of the show was the match-making event that pre-arranged meetings between potential buyers and exhibitors once the exhibitor confirmed attendance and booth space was secured.
There were 224 exhibitors from 34 countries at the 2018 Seafood Asia Expo. Although this was mainly an Expo with Asian exhibitors and buyers, buyers also came from Russia, Spain and Canada. In terms of visitors to the Expo, there were over 7,000 visitors over 3 days with registered buyers from 75 countries.
All products showcased were donated to charity to feed the less fortunate. Golden Ocean had a 30kg yellowfin tuna as part of the Pacific Pavilion product display which was donated along with other products from the Pacific.