Fiji Time: 6:42 PM on Wednesday 24 August

Fiji Times Logo

/ Front page / News

Work starts at casino site

Repeka Nasiko
Wednesday, March 26, 2014

CASINO developers, One Hundred Sands Limited, will soon respond to public speculation about the construction of the multi-million dollar casino that is yet to take shape near Denarau Island in Nadi.

This was confirmed by company chairman Larry Claunch who told this newspaper in an electronic message he would be giving a press statement on April 1 at the casino site.

The response from the company comes in light of signs of activity now evident at the construction site.

A team from this newspaper travelled to the site yesterday and witnessed large trucks carrying gravel to the area while diggers were clearing out land.

Mr Claunch has maintained the company's intention to construct the $290million casino despite a fine of more than $185,000 to be paid each month to the government.

One Hundred Sands was granted an exclusive licence to construct and manage Fiji's first casino on Denarau Island in December 2011.

Prime Minister Rear Admiral Voreqe Bainimarama officiated at the ground-breaking ceremony in April that year and construction of the $290m casino was expected to be completed by October last year.

The government had revealed that under the terms of the licence, One Hundred Sands would be required to pay the government $US100,000 ($185,668) in penalty each month the project remained incomplete, beginning October 1, 2013.

Last month, Attorney-General and Minister for Tourism Aiyaz Sayed-Khaiyum confirmed the company had been paying their fines. He said the government would have further talks with the company to discuss the proposed construction of the casino.

The company had said earlier about 1600 locals were expected to be employed during the construction and operation of the casino.








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 0.63860.6196
JPY 50.258647.2586
GBP 0.37360.3656
EUR 0.43730.4253
NZD 0.68500.6520
AUD 0.65270.6277
USD 0.49650.4795

from

$0.00

Exchange Rate updated on 24th August 2016

Today's Most Read Stories

  1. No.1 of 87
  2. Ryan vouches for Kolinisau as coach
  3. Call of rugby duty
  4. A perfect birthday gift
  5. 61 take severance package
  6. Be thankful, says Epi
  7. New departure lounge
  8. Police probe allegations of water poisoning
  9. Konrote: Fiji faces shortage of skilled workforce
  10. Strike out rejection

Top Stories this Week

  1. Ardent fan escorted out of celebrations Sunday (21 Aug)
  2. The woman behind Ryan Saturday (20 Aug)
  3. Brawl duo in remand Thursday (18 Aug)
  4. God — is he dead? Maybe, but not Osea Kolinisau's Sunday (21 Aug)
  5. 5.1 magnitude earthquake occurs in Fiji Monday (22 Aug)
  6. Ryan confirms decision to leave Fiji Sunday (21 Aug)
  7. Taliga eyes Tokyo Tuesday (23 Aug)
  8. Unofficial flag bearer Friday (19 Aug)
  9. 7s top job Tuesday (23 Aug)
  10. Ryan's term Thursday (18 Aug)