THE allocation of funds by government into various projects in Vanua Levu will boost investment and employment opportunities, says Labasa Chamber of Commerce president Ashok Karan.
Mr Karan applauded the announcement of the 2013 National Budget yesterday, saying it would encourage the growth of the Look North Policy in the area.
"Infrastructure development and incentives such as allowances given to people over 70 years old who have not received superannuation funds are indeed a morale booster," Mr Karan said.
"Government's emphasis on students to become farmers is also another good move because this will result in people utilising the available land and resources for sources of income."
Mr Karan said the focus signified the government's commitment towards the development of the North.
"This is a good budget that is expected to bring about positive changes for the purpose of uplifting the standard of living nationwide," he said. "The North continues to create a more conducive environment for infrastructure and investment and we only hope the budget will lure more investors in for development purposes in the area."