Fiji Time: 10:34 AM on Monday 27 June

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 0.63520.6162
JPY 50.164947.1649
GBP 0.36110.3531
EUR 0.44150.4295
NZD 0.69470.6617
AUD 0.65900.6340
USD 0.48880.4718

from

$0.00

Exchange Rate updated on 27th June 2016

Today's Most Read Stories

  1. Tui Wailevu passes on
  2. Steadfast
  3. Police probe body parts find
  4. NFP disquiet over State stance
  5. Drug-free athletes
  6. Official: No division within SODELPA
  7. VKB entries 'clear'
  8. Drug suspect held in police custody
  9. Gravel extraction worry
  10. UNIFIL MoU finalised

Top Stories this Week

  1. Hayne works on 'God's call' Friday (24 Jun)
  2. For his people Tuesday (21 Jun)
  3. 3 Flying Fijians and Tuwai march in Tuesday (21 Jun)
  4. 'Big task' Tuesday (21 Jun)
  5. Police confirm discovery at Natadola beach Friday (24 Jun)
  6. 12 families homeless Wednesday (22 Jun)
  7. 'Nothing unusual' Tuesday (21 Jun)
  8. Resignation threat Saturday (25 Jun)
  9. 2016-2017 Budget: The major drivers of economic growth Thursday (23 Jun)
  10. Rabuka in Saturday (25 Jun)