Fiji Time: 5:54 AM on Monday 24 October

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.

Code Inward TTs Outward TTs
CAD 0.65020.6312
JPY 51.786748.7867
GBP 0.39950.3915
EUR 0.44950.4375
NZD 0.68980.6568
AUD 0.64760.6226
USD 0.49350.4765



Exchange Rate updated on 21st October, 2016

Today's Most Read Stories

  1. Death probe
  2. Love conquers all
  3. LTA warns on permits
  4. Times online uploads moved to 10am
  5. More nurses needed
  6. Ruci captures award
  7. Fiji to lead .5 degree challenge
  8. Hotel staff clean up foreshore
  9. Couple give books to cyclone-ravaged schools
  10. EU ready to help

Top Stories this Week

  1. Former flight attendant invests in farming business Wednesday (19 Oct)
  2. Calls for USP vice chancellor to step down Tuesday (18 Oct)
  3. 'I heard Soko screaming in pain' Friday (21 Oct)
  4. A daughter's sacrifice Thursday (20 Oct)
  5. Dad's cry for justice Tuesday (18 Oct)
  6. Rugby offer Monday (17 Oct)
  7. 'I never knew Soko' Thursday (20 Oct)
  8. Hero's welcome Wednesday (19 Oct)
  9. 18 workers on the run Tuesday (18 Oct)
  10. My heart cries out Monday (17 Oct)