Fiji Time: 1:54 PM on Saturday 25 April

Fiji Times Logo

/ Front page / News

Airport tenants pay up

Repeka Nasiko
Saturday, April 21, 2012

THE implementation of the Airports (Development and Modernisation) Decree 2012 will ensure all tenants or concessionaires at Nadi International Airport pay rent at market rates.

Attorney-General and Minster for Civil Aviation Aiyaz Sayed-Khaiyum made the comment following a meeting with Airports Fiji Limited managers and airport tenants in Nadi on Thursday.

Mr Sayed-Khaiyum said there was history of people profiting from their tenancies at the airport.

"As you know, there is a particular history behind this decree. There were some people who were benefiting as tenants or concessionaires because they were not paying market rates.

"The idea is everybody pays market rates because when we pay market rates then we'll be able to have a modern day airport."

He said tenants could now invest in the airport.

"Nadi airport has been the only airport that makes money over the years. All the other airports actually lose money.

"So it is important that Nadi airport is converted also into a modern day facility with a range of choices of facilities available."

Of the meeting with tenants at the airport, Mr Sayed-Khaiyum said the briefing was held to explain the impact of the decree.

He said many of the tenants were happy that they could secure long-term tenancies compared to the month-to-month arrangements.

"Because with the month-to-month tenancies, for example, people don't invest in that actual space that they have, but if they have a three or five-year contract, then they'll be able to invest in it knowing they will be there for that period of time," he explained.





Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Today's Most Read Stories

  1. Fijian accused of killing ex-partner
  2. Gospel shines
  3. Keeping it sexually safe
  4. $18m brew house
  5. Airline confirms position still vacant
  6. LTA warns bus drivers against incomplete routes
  7. Lal bags another medal to his list
  8. Blues prepare for Ba in Fiji FACT opener
  9. Cyber park interest
  10. Draunibota rezoning

Top Stories this Week

  1. Gang rape Monday (20 Apr)
  2. Bloody Sunday Monday (20 Apr)
  3. Death shatters dream Monday (20 Apr)
  4. The murder of a schoolteacher Tuesday (21 Apr)
  5. Wish for son's death Monday (20 Apr)
  6. Wrong body for burial Thursday (23 Apr)
  7. Unclaimed body laid to rest Tuesday (21 Apr)
  8. Hunt for terrorist Thursday (23 Apr)
  9. Man dies in road accident Sunday (19 Apr)
  10. Rights over freehold land Wednesday (22 Apr)