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Korean company Grace Road Food Company is hoping to finish the construction of the $4 million rice milling factory in Navua by November.

Company President Daniel Kim said they are currently building the biggest rice milling factory and dryer for Fiji which will help the company achieve its aim of total self-sufficiency in rice production for Fiji by 2020.

Kim said the company currently has 3,000 acres of land for development purposes but is talking with different mataqalis for more land.

Last week the company signed a memorandum of understanding with the Fiji National University for the use of their 1,000 acre unit land in Navua.

Kim said their aim is to develop 13,000 acres of land so they can produce up to 6,000 tonnes of rice.