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Pacific ACP nations talk on EU coconut funding

March 31, 2015 10:12 pm

Nine Pacific island countries including Fiji who are members of the ACP grouping are discussing plans for their coconut industry in order to access close to $8 million funding from the European Union.

The Pacific Coconut Project is being put together by the Secretariat of the Pacific Community to help the region revitalize its coconut industry – a challenge many islands face.

SPC’s Tree Crop Agriculture – Business Officer Tevita Kete says the countries are finalizing their coconut industry status and needs so they can access the funding.

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“We want to hear from the countries what are their gaps, how this project will be able to assist them, even though it is not a big sum to cater for everybody’s needs and all the problems that we face. But, at least we want to use this as a catalyst for growth.”

SPC says the market opportunity for coconut has grown substantially in the last few years and it wants the local industry in the Pacific to have a piece of that pie.

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