Fiji Time: 1:40 PM on Monday 24 October

Fiji Times Logo

/ Front page / News

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.

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. Hunt on for sex assault suspect
  2. Drop in roll
  3. Villagers fear for safety
  4. Abuse on the streets
  5. Fiji pearls make history
  6. Village diving expedition turns tragic
  7. Villagers turn to sea cucumbers for income
  8. Teenager finds body in a creek
  9. Year 13 exam starts
  10. Farmers harvest cane despite challenges

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. 'I never knew Soko' Thursday (20 Oct)
  7. Hero's welcome Wednesday (19 Oct)
  8. 18 workers on the run Tuesday (18 Oct)
  9. Death probe Sunday (23 Oct)
  10. Fijians at heart Wednesday (19 Oct)