sex hikayeleri interior desing escort fethiye escort denizli porno hikaye kredi kartı borç sorgulama sitesi yayında ziraatbank borç sorgulama
FIJI NEWS
October 29, 2009 12:00:00 AM
  Follow @ Twitter
The Housing Authority of Fiji aims to develop close to 10,0000 new housing lots over the next five years, with a long-awaited Chinese loan to fund a separate major development already under way outside Suva.

Authority chief executive officer Alipate Naiorosui said the authority had developed a five-year land and housing development plan to cater for a substantial increase in the demand for housing in Fiji.

Naiorosui said the authority would focus on new developments in the Central, Western and Northern divisions at an average of 2000 lots per annum.

“We believe we can do it if we are able to remove the obstacles or the supplier cost rates that are faced by us. To do that we need land and we’ve got lots of land with us to develop. We are also negotiating purchases or acquisition of new lands (in) centres where we don’t have land”.

He said the Exim Bank of China had this week approved the long-awaited $70 million loan which would fund the authority’s largest development project so far for between 8000 to10,000 people in Tacirua.

“As of today the Exim Bank of China has approved our loan and it is now before the Ministry of Commerce China. We are praying that these funds would be made available to us very soon. We are hoping to get this approval this month so that we could work with our consultants,” he said.

The housing development would include commercial centres, supermarkets, service stations and retail outlets, and, 10 to 12 industrial lots.

Tacirua east would comprise of mixed development of 1050 singular lots of low, middle and high-end lots for the 184 acres of land.

Kapoor & Sons


PREVIOUS STORY
Watch for the ditch, Reddy chides businesses
NEXT STORY
Risk factor affects stock market liquidity

Post a Comment
Bookmark and Share

 


Posted Comments
No comments, but you can post the first comment!
   





Do you think the authorities are doing enough to address the rise in suicide cases in Fiji?
 Yes
 No


Poll Results: Current | Previous

Do you think the authorities are doing enough to address the rise in suicide cases in Fiji?
Yes
 17%
No
 83%



More Polls
Press Esc to close this window
BUSINESS
Fijian economy records consecutive growthThe Fijian economy recorded its sixth consecutive year of expansion in 2015, with the economy growing by 4.0 percent while also noting its third successive year of growth above 4.0 percent.
SPORTS
Marist Brothers reclaim Boys titleMarist Brothers High School has reclaimed the Boys Division title of the Coke Games from Natabua High School after dominating the track event finals on Day 3 at the ANZ Stadium.
WORLD
Pope prays for peace in Syria, KoreaPope Francis prayed for a "political solution" in Syria and for "reconciliation" on the Korean peninsula in his first Easter Sunday message in front of a crowd in St Peter's Square.
TECHNOLOGY
Fiji receives ICT awardFijis efforts in harnessing its ICT sector has been recognised by the International Telecommunications Union and Prime Minister Voreqe Bainimarama yesterday received the ICTs in Sustainable Development Award in New York.
ENTERTAINMENT
Band Of Horses new album Why Are You Ok out JuneIn the past, Band of Horses founder and leader Ben Bridwell would literally run away from home to write while holing up in a secluded cabin or other such remote location, emerging months later with new songs for his band to flesh out and fully animate.
FIJI NEWS
Fatal accident driver remandedThe 49-year-old driver of the rental car which was involved in a fatal crash along Ratu Mara Road in Suva last Sunday has been remanded in custody.
NEWS SPORTS INFOTAINMENT MOBILE HOT TOPICS FOLLOW US ON