Fiji Time: 5:23 PM on Monday 26 September

Fiji Times Logo

/ Front page / News

$2million investment plan

Luke Rawalai
Friday, February 07, 2014

THE Bua Investment Company Limited plans to purchase a $2million crusher soon.

Bua Provincial Council member Ramakutu Nagagavoka said the plans involved the crushing of gravel, which was readily available in the province.

Mr Nagagavoka said talks were in progress to purchase such an asset for the province.

"At the moment we are forming partnerships with a few Chinese companies for the purchase of the machine," he said.

"This is the first time that such a project is taking place within the province and we would like to be part of it.

"Most of the time resource owners sit idle with their resources while other people benefit from them."

Mr Nagagavoka said the provincial council had plans to reap the benefits of the road development project.

China Railway First Group spokesman Donald Singh earlier told this newspaper they were aware of the provincial company's intentions.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.64960.6306
JPY 50.552947.5529
GBP 0.37940.3714
EUR 0.43930.4273
NZD 0.68810.6551
AUD 0.65150.6265
USD 0.49550.4785

from

$0.00

Exchange Rate updated on 26th September 2016

Today's Most Read Stories

  1. Rawaca boosts program
  2. 'Stop this nonsense'
  3. Nausori runway closed, flights cancelled
  4. Judge convicts pastor in rape trial
  5. Ba fires warning shot, beats Suva
  6. Transit hub
  7. Work on 10-acre plot to start soon
  8. Order paper
  9. FRA clarifies dispute
  10. Efforts in progress to salvage vessel

Top Stories this Week

  1. Nurse is a lawyer Friday (23 Sep)
  2. Ali beats 'death sentence' Thursday (22 Sep)
  3. Road closure Saturday (24 Sep)
  4. Pastor makes case in rape trial Wednesday (21 Sep)
  5. Rawaca out Sunday (25 Sep)
  6. After Ben Ryan Thursday (22 Sep)
  7. Private jets attract attention at Nadi Airport Sunday (25 Sep)
  8. Three Cavuilati, 6 Olympians in Fiji 7s squad Sunday (25 Sep)
  9. Under-20 named Tuesday (20 Sep)
  10. Losing dad at Class 4 inspires Macanalagi Friday (23 Sep)