Fiji Time: 2:09 AM on Wednesday 2 September

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 0.61460.5956
JPY 57.269854.2698
GBP 0.30430.2963
EUR 0.41690.4049
NZD 0.74320.7102
AUD 0.66000.6350
USD 0.46970.4527

from

$0.00

Exchange Rate updated on 1st September 2015

Today's Most Read Stories

  1. Nightclub employee charged with murder
  2. Delasau: One of the best
  3. Fiji is safe, says PNG student
  4. Yato aims for the best in England
  5. Teenager dead after being bumped by bus
  6. Fijians ready for battle
  7. Extinct dialects
  8. Devi: Register for service
  9. McCaw ready for ABs assignment
  10. Frequency upgrade

Top Stories this Week

  1. Sayed-Khaiyum responds to Karavaki warning Thursday (27 Aug)
  2. Guns in town Thursday (27 Aug)
  3. PM's warning Sunday (30 Aug)
  4. PM turns down Ratu Naiqama request Thursday (27 Aug)
  5. Soldiers patrol town prior to sedition case Wednesday (26 Aug)
  6. Leaders hit back at PM Monday (31 Aug)
  7. Draunidalo hits back Friday (28 Aug)
  8. Naqelevuki in doubt Wednesday (26 Aug)
  9. Nadolo gets $2 for RWC Sunday (30 Aug)
  10. Fear of losing iTaukei language Monday (31 Aug)