K40 million CPL warehouse complete

Business

THE K40 million City Pharmacy Ltd warehouse in Port Moresby has been completed and was opened last month, according to chief executive officer Navin Raju.
He told The National yesterday that with the warehouse operational, it would help the company save costs. Raju said they had five buildings and three had been fully operational since last Dec 22.
“The freezing and refrigeration side is still under construction and we should be getting our produce and meat in there by end of February.”
The old CPL warehouse at Gerehu Stage 6 burnt down at the same site in June 2017 and the rebuilding of a new warehouse was done in phases.
“Now having everything under one roof, there’s also buying efficiencies so we can get our goods out on time.”