Fiji Time: 4:59 PM on Saturday 10 December

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 0.64000.6210
JPY 55.899352.8993
GBP 0.38380.3758
EUR 0.45640.4444
NZD 0.68230.6493
AUD 0.65300.6280
USD 0.48690.4699

from

$0.00

Exchange Rate updated on 09th December, 2016

Today's Most Read Stories

  1. Torture report
  2. Hong Kong thrash Fijianas
  3. Body found on Suva foreshore
  4. Plight of homeless, pregnant couple
  5. 'Stay focused'
  6. Relief turns to disappointment for villagers
  7. Embassy looks into Seaton's removal
  8. Cameras in court
  9. Quake hits Solomons, Fijians safe
  10. Vuniwaqa: Social changes needed to fight abuse

Top Stories this Week

  1. Superstition or fact Sunday (04 Dec)
  2. Fiji mum, baby kept in cell Wednesday (07 Dec)
  3. Young, no home and pregnant Friday (09 Dec)
  4. Fatal torture Wednesday (07 Dec)
  5. Salary review plan for teachers, says Reddy Monday (05 Dec)
  6. Year 10 results out, 45pc pass Wednesday (07 Dec)
  7. Fiji's Year 10 results out Tuesday (06 Dec)
  8. 9 years on Friday (09 Dec)
  9. PM did not endorse app Sunday (04 Dec)
  10. Soko's message Tuesday (06 Dec)