Pacific Fishing Company has been in existence for over 50 years. PAFCO’s history began in the mid to late fifties as a joint venture between the Fiji Government and the Japan Ministry of Trade and Commerce, incorporated in 1963 as a private company and continued as such until the Government of Fiji acquired almost full ownership in 1987 from the Japanese company C. Itoh. The Government of Fiji holds 99.58% of shares with the balance held by private shareholders. Currently the company has 1 Chairman and 2 Directors.
The principal activities of the company are loin processing and fish canning for local and overseas markets. The main processing plant is based in Levuka, Ovalau with the executive headquarters located in Suva. PAFCO signed a 7-year tuna loining processing agreement in 2002 with Bumble Bee Foods LLP, following the successful operation of the initial loin processing agreement with Bumble Bee from 1998. The agreement has since been extended twice, with the current extension valid until 2017.