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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.





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