Fiji Time: 3:57 AM on Tuesday 25 October

Fiji Times Logo

/ Front page / News

Investors tour area

Jone Kalouniviti
Wednesday, April 02, 2014

A GROUP of Australian investors is touring the Nadarivatu area this week to look into the possibility of investing in mini-hydro projects.

Roko Tui Colo Joji Banuve said yesterday discussions were continuing and the fact-finding mission would take a week.

"They are interested in funding a project which will see them partner with the landowners," said Mr Banuve.

"This has come at the right time when we are looking at avenues to help generate sustainable income from the resources we already have like water."

He said the project was appealing because it was environmentally-friendly.

He added it was highly likely a deal would be sealed with the Fiji Electricity Authority on the supply of power.

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. Fiji pearls make history
  4. Villagers fear for safety
  5. Abuse on the streets
  6. Teenager finds body in a creek
  7. Village diving expedition turns tragic
  8. Villagers turn to sea cucumbers for income
  9. Alleged robber charged
  10. Year 13 exam starts

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)