With the joint project funding with FIG agreed including the partial cost recovery per bale throughput, FIDC with support from FIG put out to tender the management of the proposed new facility for the Islands’ wool industry. In July 2021 The Falkland Islands Wool Company Ltd (WoolCo) were announced as the new facility manager following the successful tender process.

Working in partnership with the new facility managers, FIG Departments of Agriculture and Development and Commercial Services, FIDC devised a robust tender for the design and build of the purpose- built wool warehouse.

The Falkland Islands Company were the successful contractors and plans for the construction are well underway with the expected completion date of April 2023, neatly coinciding with the end of the wool season.


About the FIDC

FIDC acts as the national economic development agency for the Falkland Islands and is tasked to develop the commercial sector of the Falkland Islands by being one of the principal partners delivering the Economic, Rural and Tourism Development Strategies.

To help drive sustainable economic growth and assist in the creation of new jobs and opportunities, FIDC provides various forms of support and assistance to the Falkland’s business community.