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Fiji Time: 10:09 AM on Monday 22 September

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Businessman returns home

Jone Kalouniviti
Wednesday, March 05, 2014

A FIJI-born businessman from New Zealand has struck a business deal with the Rakiraki Town Council to set up an advertisement and signage business in the town.

Jai Prakash already has a similar deal with the Suva City Council.

Mr Prakash, the founder and director of City Promotional and Signage, says his signage business could help increase the market of retailers, shop owners, food chains, and private establishments in the city.

"When I left Fiji many years ago, I did not even own a car, now I have established a business in New Zealand and have travelled far and learnt many things," he said.

"I wanted to bring something back home."

Mr Prakash expressed his thanks to Pacific Islands Trade and Invest (PTI) and head of investments Manuel Valdez for facilitating the business transaction in Fiji.

Mr Valdez flew into the country with Mr Prakash to also hold meetings on behalf of investors wishing to invest in Fiji.

Mr Prakash said attaching his business with PTI gave it integrity and helped command a high level of respect in the business community.

He was part of the 13-member delegation of the Return to Roots Mission in July last year, which was a PTI initiative to encourage investment in Fiji by overseas investors.

Aside from Rakiraki, his company is scheduled to sign other deals with the municipal councils of Tavua and Ba. Mr Prakash has also bought land in Suva to build apartments for his rental property business.