We have multiple lines of business that provides us a diversified revenue stream. We operate in different markets in the region and this has strengthened our business core.
Our Coconut 4 Life initiative is part of the Vital Groups strategy to grow and diversify its business, the company is expanding its coconut business by constructing an Integrated Coconut Processing Facility (“ICPF”).
The ICPF project will be pursued in conjunction with a power project to construct a Solar Diesel Hybrid Power Plant on Tonoas island, located in the Chuuk lagoon.
“Vital is seeking to diversify into the agricultural sector by undertaking an initiative to establish a coconut processing business and associated power plant. This is intended to create an amplified business model and engage with communities across the FSM, leading to a sustainable future.”
