Posted: September 22, 2008 Post Expires: January 8, 2009
Mil-Tek Fiji
The business will distribute the compactors (known as solutions) to other businesses and local communities. The solutions solve the problem of managing waste by decreasing the physical size of the waste, to reduce the transport of air.
This decreases costs invloved by all parties to effectively manage waste and to divert recyclable material from landfill.
The goals of the business are to divert 95% of Fiji's recyclable material from landfill and to help the people and the environment of Fiji by keeping it green.
The business requires a capital injection of FJD $70,000 to purchase assets and import the solutions into the country. No annual dividends are paid out but share value will increase by 3% each year for 5 years.
