Samoa shipping minister reveals purchase price for PFL Company
The Samoa government paid over one-point-six million New Zealand dollars for the Pacific Forum Line shipping company.
Samoa’s deputy prime minister and minister for shipping, Fonotoe Nuafesili Pierre Lauofo, revealed this on a local television last night.
The move follows a call from the leader of the opposition Palusalue Faapo II for the government to be transparent in their decision to buy the shipping line.
The deputy prime minister says all other eleven shareholders of the PFL agreed for Samoa to buy the company.
Fonotoe also says more than 260 Samoan sailors work overseas and maintaining employment opportunities for local seafarers was one of the reasons behind purchasing the PFL.
THE NEW COMMENTS PROCESS
To make comments, you will need to register. You can register under your real name or use a 'screen' name. This way, people will be able to follow comments and make comments back and forth to each other. If you choose to use a 'screen name' no one will know your true identity. In either case, no email addresses will be available to anyone. It is an automated process. If you have questions, email: firstname.lastname@example.org
You currently are not logged in, please LOGIN to post comments.