According to the US-based company, the new facility will replace the present cold storage, which is around 25 years old, reports FijiTimes.
"The facility will also increase throughput as well as lower energy costs associated with production," said Bumble Bee Foods executive vice president and chief operating officer, Jan Tharp.
Ms Tharp told the newspaper that several upgrades are also planned for the facility between 2015 and 2016.