Tobolar among 3 Micronesian firms at Pasifika 2017

Tobolar Copra Processing Authority is an enterprise of the Government of the Republic of the Marshall Islands (RMI). It processes copra and manufactures, distributes and exports a range of products derived from coconuts from its plant located in Majuro, the capital of the RMI.

Tobolar makes a range of coconut related products for the export market. (Photo courtesy Mison Levai, Tobolar facebook Page.)

.Tobolar also concerns itself with the development of the copra industry in the RMI, copra being one of the main avenues of earning a livelihood for the Marshallese people.

The company mainly manufactures crude coconut oil and coconut ‘cake’ – the solid residue that remains after the liquid is pressed out. These are marketed throughout the RMI and also exported to international buyers in several countries.

More recently, Tobolar has been progressively adding to its range of products and is already distributing a bar soap, ‘beauty oil’ and cooking oil in the market.

In 2016, PT&I conducted the programme in the Federated States of Micronesia (FSM), Palau and the Republic of the Marshall Islands. Mison Levai of Tobolar attended the Pacific Trade & Invest (PT&I) NZ Pacific Path to Market Programme workshop in Majuro last year. Along with Tobolar, another Marshallese company, Elefa Handicraft will be showcasing products at Pasifika 2017.

Tobolar’s new Refinery. (Photo courtesy Mison Levai, Tobolar Facebook Page.)

Besides these two companies from the RMI, Palauan made from Palau, too, will participate in Pasifika.

Ravuni Uluilakeba, Chief Executive Officer of the Office of Commerce and Investment (OCI) of the Government of RMI will head the Marshallese delegation. The OCI is the RMI’s investment and trade promotion agency with the mandate to promote and facilitate exports and investment to boost economic growth, to improve the welfare of the people.

OCI also assists investors grow and diversify their business. It works in close collaboration with Government bodies, institutions and private sector companies, to facilitate implementation of investment projects and, more importantly, to continuously improve the investment and business climate.

Mr Uluilakeba has been helming OCI since 2014 and has closely worked with PT&I in hosting the Pacific Path to Market workshops in RMI. In an earlier role, Mr Uluilakeba was the Chief Executive Officer of Investment Fiji in Suva.

Michael Greenslade, PT&I NZ trade Commissioner said, “Over the past two years we have spent a lot of time redeveloping the relationships in the Micronesian countries. We have given a strong commitment that will continue in 2017.

“While we are disappointed our friends from FSM could not make it this year, we are happy to see RMI and Palau participate. But it is our goal that for 2018 all three Micronesian countries attend Pasifika as part of the Pacific Path to Market programme.

“We are delighted with the calibre of the delegation this year and salute the work the development agencies have done in supporting the Path to Market programme in 2016 and this year. The PT&I team in Auckland looks forward to working with this delegation and supporting the companies with their commercial endeavours in New Zealand.”

For more information, email PT&I Trade Development Manager Ian Furlong at ian.f@pacifictradeinvest.co.nz

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s