Future Forests (Fiji) Ltd ("Future Forests Fiji" or "FFF") is a Fiji-incorporated company focused on the sustainable, large-scale planting and harvest of one of the world's great hardwood timbers - Teak (Tectona Grandis). Established in 2005, FFF has since invested considerable funds and planted over 140,000 Teak trees on freehold and leased land, in the Province of Ra, Viti Levu, Fiji.

The FFF Nursery in Ra has a capacity to produce 400,000 seedlings per annum.

From 2012 onwards the Company will expand its plantations to additional regions of Fiji, namely Sigatoka on Viti Levu, Vanua Levu and Taveuni.

On 21 November 2011, the Company listed on the South Pacific Stock Exchange under the exchange code FFF, and FFFN for Notes.

company structure
The governance of the Company is vested in its Board of Directors who are appointed by the shareholders.

company directors

Kaliopate Tavola Chairman since August 2010	Kaliopate Tavola joined the Board in October 2007. He has extensive experience as a civil servant in the Ministry of Agriculture, Fisheries and Forests, where he attained the rank of Chief Economist. He has represented Fiji Sugar Marketing Co Ltd for seven years in London and Brussels. He was a Fiji diplomat for fourteen years, serving as Commercial Counselor in London and as Head of Mission in Brussels, representing Fiji to the EU, Belgium, France, Luxembourg, Spain, Portugal, the Netherlands, Greece and Italy. He also represented Fiji to FAO, GATT/ WTO, UNESCO, OPCW, WCO, IFAD, MFO and PCA. Kaliopate returned to Fiji in 1998 and re-joined Fiji Sugar Marketing Co Ltd as its Deputy Chief Executive. From 2000 to late 2006, he was Fiji Minister for Foreign Affairs & External Trade. Since 2006, Kaliopate has been a consultant for various organizations, and has presented papers on a wide range of issues. Kaliopate has a Master of Agricultural Development Economics degree from the Australian National University (Canberra) and a Bachelor of Agricultural Science degree from Massey University, New Zealand.
Stephen Clark General Manager	Stephen Clark joined the Board as a Director in August 2007 and is a graduate Forester of the University of Aberdeen, Scotland. He has 30 years experience in commercial forest management and forest utilisation in Fiji, Papua New Guinea, Vanuatu and New Zealand in both plantations and indigenous forests. Stephen has worked at Fiji Pine Ltd as Area Manager Vanua Levu, as Logging Manager for Fiji Forest Industries and as Regional Forester for the Pacific German Regional Forestry Project (GTZ). He held the position of Operations Manager at Kolumbangara Forestry Plantations Limited in the Solomon Islands, which has the largest Teak plantation in the Pacific and at Fiji Hardwood Corporation Ltd. Stephen is a Fiji citizen.
Paul Evers Executive Director	Paul Evers is one of the three founding Directors and was FFF's initial Managing Director (January 2005 - March 2008) serving for the first three years period. He held the position of Chairman from January 2009 to August 2010. He migrated from Australia to Fiji specifically to establish the Teak plantation company model. Paul is a visionary trend researcher and is accomplished in taking 'blue sky' business concepts and turning them into 'green field' establishments. Over the past five years, he has worked in all aspects of the developing model, from national government down to the workforce on the ground in Ra Province. Paul is a professional investor on the Australian Stock Exchange.
Jeffrey Liew Founding Director and Secretary since January 2009	Jeffrey Liew steered the Company as its first Chairman. He is an internationally recognized practitioner in the fields of agri-business, rural development, microfinance, financial education and economic empowerment. He received his university training as a development economist in New Zealand and has over 25 years' experience in the public sector, private business and the United Nations. Jeff brings to the board a global and strategic perspective that places a premium on people and the environment.
Roderic Evers Founding Director	Before taking up the position of Managing Director of Future Forests Fiji (March 2008 - October 2011), Roderic worked for eight years as a Private Sector Development Advisor for the United Nations Development Program and as a Management Consultant for nine years in the Netherlands. He is a Director and proprietor of Five Princes Hotel Limited, a boutique hotel in Suva. Roderic holds a BA in Management and Economics and an MBA in Finance. He recently was appointed Honorary Consul for the Kingdom of the Netherlands to Fiji.
Peter McPherson Director	Peter McPherson joined the Board in December 2010 and brings to Future Forest Fiji 35 years of insurance knowledge and management expertise. He has worked for Zurich International Group for 14 years as General Manager in Solomon Islands as well as Marketing Development Manager for Australia, New Zealand, Papua New Guinea and the Solomon Islands prior to his appointment as Managing Director of Fiji Care Insurance Limited. He is currently Deputy Chairman of the National Fire Authority, Director of Fiji Care Medical Centre, Fine Feathers Limited, Stronghold Investments Limited and is the former President of Insurance Council of Fiji.

senior management

• John Finn - Chief Financial Officer
• Rashmi Devi - Nursery Manager
• Mukesh Chand - Plantation Manager

summary of achievements

1. Planted over 140,000 Teak trees predominantly on freehold land.
2. Built the largest commercial tree nursery in Fiji with a capacity of 400.000 seedlings per annum.
3. Acquired over 272 acres (109 hectares) of free hold land, 137 acres (55 hectares) leasehold and finalizing negotiations on 770 acres (308 hectares) of leasehold land.
4. Conducted the most comprehensive analysis of the history and growth patterns of old growth Teak in Fiji.
5. Conducted numerous growth trials around Viti Levu.
6. Produced comprehensive proprietary silviculture manuals for Teak plantation development. (Intellectual Property)
7. Identified and developed improved Teak genetics and seed sources.
8. Received a significant financial grant from the Australian Government funded AusAID Enterprise Challenge Fund.
9. Attracted shareholders from Fiji, Australia, Belgium, Canada, Germany, Italy, Mauritius, the Netherlands, New Zealand, South Africa, the United Kingdom and the USA.
10. Identified and produced Teak genetics for trees in excess of 15 metres height and 22cm Diameter at Breast Height (DBH) by year 4.5.
11. Identified and analysed the original Teak timber growth trials conducted by the Fiji Forestry Department between 1947 and 1980.
12. Commenced seedling sales to third parties.
13. Installed the first owner operated nursery in the local village of Mataso in Ra Province.
14. Supplied Teak seedlings to commercial carbon offset projects in Fiji.
15. Established relationships with the Forestry Department of Fiji and the Department of Primary Industries.
16. Implemented annual forest inventory and forest sampling.
17. Introduced Quality Control policies and procedures and trained staff.

international recognition
In 2009 after rigorous due diligence, the company received support from the Enterprise Challenge Fund / AUSAID project with the aim to increase rural employment opportunities. Through the project more jobs have been created with more families benefitting from a cash income.

The establishment of further teak plantations by FFF and other organisations and companies will offer great benefits to Fiji, with increased employment opportunities and valuable tangible assets in the future.