THE year 2014 will be a positive one for businesses in Lautoka City, says the Lautoka Chamber of Commerce and Industry administrator Mohammed Salim.
The chamber is excited with the prospect of large corporate businesses setting up multi-million dollar facilities this year.
"We have the Punjas Group setting up their $20million biscuit factory, then there's the $30m Tappoo City," said Mr Salim.
"The P. Meghji Group is also planning to build their hotel at Shirley Park and that will bring more visitors to Lautoka."
Mr Salim said these major developments would boost the Sugar City's economic growth. Construction work on the $30m Tappoo City along Narara Parade has already started.
The facility is expected to be opened in about 16 months. According to the Tappoo Group, about 250 jobs would be created once the facility is opened. The complex was designed by Sharma Design Architects and showcases a 100,000 square feet structure strategically located at the entrance to the Churchill Park Stadium.
The retail giants also handed $1.4m to the Lautoka City Council as an advance payment of lease rentals.
Lautoka City Council special administrator Praveen Bala said the money would go towards constructing an athletics track for students this year.