Fiji Time: 12:24 PM on Tuesday 17 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.

Westpac
Code Inward TTs Outward TTs
CAD 0.62160.6026
JPY 56.274453.2744
GBP 0.37320.3652
EUR 0.42070.4087
NZD 0.69850.6655
AUD 0.63540.6104
USD 0.49810.4811

from

$0.00

Exchange Rate updated on 17th, October, 2017

Today's Most Read Stories

  1. Man allegedly hit by bulldozer blade, dead
  2. 11 vye for Miss Fiji crown
  3. Fiji Airways to ground aircraft until cleared to fly
  4. 'Let's bring it to life'
  5. Full force for polls
  6. Health audit
  7. NCDs' shocking stats
  8. Tuvalu makes call for UN Security Council support
  9. 'Preparedness paramount'
  10. CORRECTION

Top Stories this Week

  1. 30 officers dismissed from force Friday (13 Oct)
  2. Final in mind Monday (16 Oct)
  3. 'Hell on Earth' Thursday (12 Oct)
  4. $8m drugs seized Friday (13 Oct)
  5. Cyclones predicted to hit Fiji Wednesday (11 Oct)
  6. Villagers pass around eTransport card Monday (16 Oct)
  7. Plans for Bati Sunday (15 Oct)
  8. Unsolved mystery of MV Joyita Sunday (15 Oct)
  9. Fijian overstayers Thursday (12 Oct)
  10. Fiji Airways flight makes rapid descend; Air system fault Wednesday (11 Oct)