Fiji Time: 1:41 PM on Thursday 23 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.

Today's Most Read Stories

  1. Nadolo out
  2. Unapproved move
  3. No rush
  4. Ruggers to shave
  5. School observe Diwali in style
  6. Auditor cites poor record keeping
  7. Pink morning fundraiser
  8. Fish spawning critical
  9. Diwali treat for elderly
  10. Call to protect resources

Top Stories this Week

  1. False rumours warning Friday (17 Oct)
  2. Death shocks family Monday (20 Oct)
  3. Biman gets nod Saturday (18 Oct)
  4. Detailed report Friday (17 Oct)
  5. Inside Fiji sevens Tuesday (21 Oct)
  6. Public access Tuesday (21 Oct)
  7. Budget overspent Wednesday (22 Oct)
  8. 8-room home gutted Friday (17 Oct)
  9. Forgery suspect still in remand Tuesday (21 Oct)
  10. $20m in excess Wednesday (22 Oct)