Federal Pacific Group consolidates Savai’i interests
Local financial services provider Federal Pacific Group has consolidated its operations in Savai’i by getting its insurance, finance and money transfer services under one roof.
It recently commissioned the Federal Pacific House in Salelologa with the ceremony witnessed by members of the Savaii business community, family and friends. Also present were representatives of the Group from around the Asia Pacific Region who were in Samoa last week for the regional managers meeting.
Reverend Elder Ioane Viliamu of the Fogapoa and Tuasivi EFKS blessed the building and also spoke of the importance of seeking God in such endeavours.
Representing the Government was the Minister for Commerce Industry and Labour (MCIL), Lautafi Selafi Purcell as well as Associate Ministers, Tofa Lio Foleni and Leanatai Victor Tamapua.
Speaking at the occasion, Lautafi said the dedication of the new building in Salelologa is in line with the Governments’ commitment to the policy of “what is good in Apia will also be good in Savaii”.
“The Government welcomes and encourages this type of development here in Savai’i, as part of the drive to help create jobs, and thus keep our young people here – rather than leaving home and going all the way to Apia for work,” he said.
The Minister encouraged guests to support Savai’i-based businesses as their growth would contribute to the development of the island’s economy.
He also acknowledged the continued expansion of the company in the region including Samoa.
“I note that this building is the fourth for Federal Pacific Group in the region, one in Apia, one in Nukualofa (Tonga), one in Avarua in the Cook Islands and now in Salelologa,” he said.
Commending the Group for having the vision and courage to expand its business outside of Samoa, Lautafi said it shows that the company has the ability and capacity to do so, just like the overseas business expanding their operations into our country.
“The aim being to help customers the creation of a one-stop shop for its services. This should simplify and save time for our people here in Savai’i,” he added.
Federal Pacific Insurance general manager, Namulauulu Papalii Sami Leota, said in going ahead with the project, the Group had identified a need to bring all its interests together – insurance, finance and money transfers.
Namulauulu particularly acknowledged its partnership with the Government of Samoa.
“Especially with granting us this piece of land to further develop our business. They have been supporting our course from the outset both here in Samoa and also overseas.
“Centralising all our services into one location is key in our dedication to improving the efficiency of our services for the people of Savaii,” he said.
The new building in Salelologa was constructed by Evaeva Construction in over five months with a total costs of land fill, building and its office contents close to $1 million tala.
Namulauulu acknowledged their Group chairman and directors as well as the team effort in completing the new building and and made special mention of the general manager (Federal Pacific Finance), Afamasaga Opeta Siilata who project managed the build.
The general manager for Fexco and Western Union Money Transfer, Mulitalo Pio Molioo, received the keys from the Evaeva Constructions manager Vaaelua Sene Samau. The official cutting of the ribbon was performed by the Group director, Faamausili Momoe Malietoa Hutchison.
Federal Pacific Group has operated in Samoa and the Asia/ Pacific region for over 20 years, offering a range of financial services from insurance, finance and auto finance to money transfers and foreign exchange services through Fexco.