Fiji Time: 12:57 AM on Friday 20 January

Fiji Times Logo

/ Front page / News

Land value to increase

Repeka Nasiko
Saturday, May 17, 2014

LAND value along the new Sigatoka Valley highway is expected to increase, says Commissioner Western Commander Joeli Cawaki.

"Yes, it will increase because once you start to introduce development into a particular area, people will move in to set up commercial businesses," he said.

"I think that is the result of developments like good roads, good water system and electricity supply will bring for any particular area."

He said while commercial activity would bring more value to land, security and safety of residents would also be an issue.

"There will be a cost to safety and security which is something that every governing body will always look to maintain.

"But the return of investments is great and that is why people need to look at making use of the land."

The newly tarsealed Sigatoka Valley road was commissioned last week by Prime Minister Rear Admiral (Ret) Voreqe Bainimarama.

The 15-kilometre stretch was funded by Exim Bank of China and cost a total of $45million.

Construction of the upgraded road was carried out by China Geshouba Group Company with the Fiji Roads Authority.








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 0.63750.6185
JPY 55.628252.6282
GBP 0.39210.3841
EUR 0.45550.4435
NZD 0.68430.6513
AUD 0.64840.6234
USD 0.49010.4731

from

$0.00

Exchange Rate updated on 18th January, 2017

Today's Most Read Stories

  1. Fire breaks out in Nadi Town
  2. Fiji 7s team to Wellington named
  3. Tribunal rules on title
  4. Facebook defamation
  5. Future stars
  6. Date set for national census
  7. Fire destroys Jacks Fiji warehouse
  8. Fijian inclusion in French Six Nations squad
  9. Champion on track in youth 7s
  10. Put differences aside, says chief

Top Stories this Week

  1. Radrodro cops $10k fine for facebook rant Wednesday (18 Jan)
  2. Brothers appear for alleged assault, granted bail Saturday (14 Jan)
  3. Barber opens new $75k investment Friday (13 Jan)
  4. Ministry to defend its workers Wednesday (18 Jan)
  5. Police investigate officer's testimony Friday (13 Jan)
  6. Tractor to help farmers overcome labour shortage Friday (13 Jan)
  7. Institution faces probe Friday (13 Jan)
  8. QVS opening delayed Sunday (15 Jan)
  9. Snap search uncovers contraband in remand centre Sunday (15 Jan)
  10. Morning blaze destroys home Saturday (14 Jan)