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Bala: Investment, a sign of economic confidence

Friday, March 07, 2014

Update: 12:51PM AMEX Resources $200million investment in a mineral ship loading facility at Lautoka and ironsand mining in Ba is a sign of confidence in the local economy, says special administrator Praveen Bala.

Apart from the employment boost with 300 jobs being created, he said the indirect impact on the two communities would drive both local economies.

"More companies will look at Lautoka and Ba as potential investment sites due to this development," he said.

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