Fiji Pine

What Fiji Pine does

Fiji Pine Limited is a majority government-owned forestry company incorporated in Fiji under the Fiji Pine Decree 1990, effective 1 January 1991, with origins as the Fiji Pine Commission established in 1976. The company manages Caribbean pine (Pinus caribaea var. hondurensis) plantations on degraded grassland (talasiga) across approximately 23,866.7 hectares of stocked area, distributed across 6 forest bases and 8 forest stations on Viti Levu, Vanua Levu, Kadavu, Lau, and Lomaiviti. Its primary function is reforestation of leased I-Taukei land and supply of FSC-certified pine logs to its two wholly-owned subsidiaries: Tropik Wood Industries Limited (sawmill and timber manufacturing) and Tropik Wood Products Limited (woodchip export to international markets).

The company's revenue model combines three streams: (1) primary log sales to its Tropik Wood subsidiaries on a transaction basis; (2) landowner payments structured as lease rentals of $14/hectare, 12% stumpage payments on net revenue, a 5.5% LCDF levy, $20/hectare lease premium on renewals, and a 7% stumpage on fuelwood extraction effective 20 September 2024; and (3) direct government budget support from the Ministry of Fisheries and Forestry, including a $2.5M Commercial Maritime Pine Subsidy, $1.7M Fiji Pine Trust support, $1.5M Maritime Pine Development funding, and additional $2.8M reforestation allocations, drawn from a broader $50M maritime pine development program. The company has FSC Forest Management certification since 28 October 2013, giving it internationally recognized sustainability credentials.

The company serves multiple customer segments in parallel: the subsidiary Tropik Wood group as its primary B2B offtake customer; over 25,000 rural I-Taukei landowners across multiple islands as lease partners and contractors; the Fiji Government as both shareholder (B-Class) and budget provider; maritime island communities (Lakeba/Lau, Kadavu, Gau, Lomaiviti) as emerging beneficiary segments receiving pine-driven economic development; and downstream international woodchip markets via Tropik Wood Products Limited. Distribution is via direct enterprise sales to subsidiaries, a public tender process for logging contractor engagements, and government-supported maritime island operations. The technology stack is lean and focused on operational forestry, headlined by ArcGIS Field Maps deployed across all 8 forest stations for real-time field data capture, alongside environmental protection systems using silt traps with vetiver grass for soil erosion control.

Name

Fiji Pine

Legal name

Fiji Pine Limited

Website

https://fijipine.com.fj

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Plantation Forestry and Sustainable Timber Production

NAICS

Timber Tract Operations (113110), Timber Tract Operations (11311), Support Activities for Forestry (1153), Logging (1133), Forest Nurseries and Gathering of Forest Products (113210)

SIC

Forestry (800), Lumber & Wood Products (No Furniture) (2400)

akta.pro primary industry

Timber Tract Operations & Forest Ownership (Timberland) (IMAMAAAA)

akta.pro secondary industries

Reforestation & Afforestation Services (Planting, Site Prep, Regeneration) (IMAMAAAE), Timberland & Forest Asset Management (IMAMAJAA), Timberland Leasing & Contract Administration (Hunting, Grazing, Recreation) (AFAMAKAD), Timberland Operations Planning & Contractor Management (AFAMAKAE)

Keywords

• Plantation forestry
• Sustainable timber
• Pine plantation management
• Forest conservation services
• FSC certified forestry

Headquarters

HQ city

Lautoka

HQ country

Fiji

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Others

Revenue model

1. Log Sales to Subsidiaries: Fiji Pine Limited supplies pine logs to its subsidiaries Tropik Wood Industries Limited and Tropik Wood Products Limited. This is the primary revenue stream, with logs harvested from FSC-certified plantations sold for sawmill processing and woodchip export.
2. Landowner Payments and Levies: Revenue generated from lease rental of $14 per hectare, stumpage payments (12% of net revenue), LCDF levy (5.5% VEP), and lease premium of $20 per hectare. Payments distributed to landowners through TLTB.
3. Government Budget Support: Government funding from Ministry of Forestry and Fisheries including $2.5 million Commercial Maritime Pine Subsidy, $1.7 million Fiji Pine Trust support, and $1.5 million Maritime Pine Development funding.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Fiji Pine Limited is a government-owned forestry company that establishes, manages, and harvests Caribbean pine plantations on leased I-Taukei land across Fiji and supplies pine logs to its wholly-owned subsidiaries (Tropik Wood Industries Limited for sawmilling and Tropik Wood Products Limited for woodchip export). The company also cultivates pine seedlings for reforestation and operates FSC-certified sustainable forestry programs across Viti Levu, Vanua Levu, and maritime islands.

Product overview

Fiji Pine Limited operates as a vertically integrated forestry group with three main entities: Fiji Pine Limited serves as the parent company managing pine plantations, forest operations, and landowner relationships; Tropik Wood Industries Limited handles sawmill and manufacturing processing of pine timber; and Tropik Wood Products Limited manages international woodchip exports. The company produces pine timber and logs from FSC-certified sustainably managed forests, cultivates pine seedlings for reforestation, and provides wood-based products to domestic and global markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Pine Timber and Logs
• Pine Seedlings
• FSC Certified Forest Products
• Land Lease and Stumpage Royalty Programme
• Tropik Wood Industries Sawmill and Manufacturing (Subsidiary Operation)
• Tropik Wood Products Woodchip Export (Subsidiary Operation)

Quantifiable outcome

• 103% annual restocking target achieved for first time in history, exceeding goal by 108 hectares
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

15 partnerships are on record, tiered core and minor.

• Ministry of Forestry (Fiji)coreStrategic or Co-development Partner · 25 September 2025Partnership for Kadavu operations with Namalata and Solodamu pine schemes. Ministry collaboration enables sustainable harvesting and economic benefits for island communities.
• Drelaga (Logging Contractor)minorChannel Partner/ Reseller/ Distributor · 25 September 2025Logging contractor for Kadavu operations supporting sustainable harvesting at Namalata and Solodamu pine schemes.
• Genesi (Barge Contractor)minorChannel Partner/ Reseller/ Distributor · 25 September 2025Barge contractor for timber transport in Kadavu operations, ensuring efficient movement of harvested timber from island locations.
• 11 Provincial Rugby UnionsminorGTM or Marketing Partner · 7 August 2025MOU signed for Skipper Cup and Vodafone Vanua Cup competitions, supporting landowner communities through rugby sponsorships and youth development.
• Great Council of Chiefs (GCC)minorStrategic or Co-development Partner · 7 August 2025Chairman Ratu Viliame Seruvakula met with Fiji Pine Executive Team to discuss stump fees, land dereservation, overplanting, and mapping of leased areas.
• University of the South PacificminorImplementation/ SI/ Consulting Partner · 19 June 2025Ms. Rajneesh Charan from USP facilitated four-day Project Management Course for 25 managers, supervisors, and team leaders at Fiji Pine Drasa training facility.
• Ministry of Forestry (Training)minorImplementation/ SI/ Consulting Partner · 19 June 2025Mr. Ropate Divavesi from Ministry of Forestry facilitated Visual Timber Grading Course for 18 employees at Drasa Training Room.
• Tropik Wood Industries LimitedcoreStrategic or Co-development PartnerSubsidiary company managing the sawmill and manufacturing process. Receives pine log supply from Fiji Pine Limited for timber processing operations.
• Tropik Wood Products LimitedcoreStrategic or Co-development PartnerSubsidiary company that exports woodchip to international markets. Receives raw material supply from Fiji Pine Limited's forestry operations.
• Fiji Pine TrustcoreStrategic or Co-development PartnerA Class Shareholder with 3 board directors. Provides support to landowners including training, extension services, and community development. Received $1.7 million government funding allocation.
• Government of FijicoreStrategic or Co-development PartnerB Class Shareholder with 3 board directors. Provides government support through Ministry of Forestry and Fisheries including budget allocations for maritime pine development and reforestation.
• Ministry of Forestry and Fisheries (Fiji)coreStrategic or Co-development PartnerGovernment ministry providing budget support including $2.5 million Commercial Maritime Pine Subsidy, $1.5 million Maritime Pine Development funding, and $2.8 million reforestation funding. Collaborates on sustainable forestry initiatives.
• Ministry of Health (Fiji)minorStrategic or Co-development PartnerCollaborative medical outreach programs providing free health check-ups to landowners. Fifth outreach reached over 300 people in Navidamu, Macuata with Labasa and Nasea health centers.
• Lakeba Nexus HoldingscoreStrategic or Co-development PartnerBusiness arm of Lakeba handling pine project development. Partnership includes market secured through agreement with Tropik Wood for July 2026 harvest commencement. Contract signed with Fiji Pine Group for seven-month project plan.
• Fijian Drua (Rugby Team)minorGTM or Marketing PartnerRugby team partnership including medical outreach events with co-captain Tevita Ikanivere and scrum-half Frank Lomani visiting landowner communities.

Scale indicators14 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• OneFortyOne Plantations: Australian-managed softwood plantation operator with vertically integrated sawmilling and export operations. Directly comparable as a pine-focused plantation forestry business with downstream processing and Asian export market exposure.
• Global Forest Partners: US and global timberland investment manager with FSC-certified plantation assets in Latin America, Asia, and Oceania. Comparable as a globally diversified, FSC-certified timberland asset manager with similar buyer base for certified wood fiber exports.
• Timberlands Ltd: New Zealand-based plantation forestry investment manager. Comparable as a Pacific region commercial plantation manager focused on softwood timber with sawmill off-take arrangements and FSC-equivalent certification.
• HQPlantations (HQP): Queensland government-owned softwood plantation manager supplying sawmills and export markets. Comparable plantation forestry model with government backing, FSC-style certification, and vertically integrated wood processing operations.
• New Forests: Australia and Asia-Pacific focused sustainable forestry investment manager. Comparable as a Pacific-based commercial timberland manager with ESG-certified plantations, institutional capital, and downstream wood product value chain exposure.

Emerging players

• Sumatran Forest Trust (SFM Indonesia): Tropical plantation forestry operator in Indonesia with FSC certification. Comparable as a tropical/sub-tropical plantation forestry company with FSC certification and export-oriented wood fiber production for similar Asian pulp markets.

Broad incumbents

• Potlatch Deltic: US timber REIT owning ~1.9 million acres of timberland with sawmill and wood products operations. Comparable business model combining timberland ownership with downstream processing, though at a much larger scale.
• Forestry Corporation of NSW: Australian state-owned forestry enterprise managing commercial plantation and native forests with FSC certification. Comparable as a government-affiliated forestry operator in the Pacific region with plantation management, sawmilling, and community landowner engagement programs.
• Rayonier: US timber REIT with ~2.7 million acres of timberland, real estate, and wood products segments. Comparable as a publicly-traded timberland asset manager with FSC certification and vertically integrated operations.
• Weyerhaeuser Company: US-listed timber REIT managing ~12.4 million acres of commercial timberland with FSC-certified operations. Comparable as a large-scale FSC-certified timberland owner-operator with vertically integrated wood products, though on a vastly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fiji_pine
• Facebookfacebook.com/fijipine
• LinkedInlinkedin.com/company/fiji-pine-limited

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fiji Pine