Fiji Time: 9:46 PM on Tuesday 4 August

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 0.62240.6034
JPY 59.145156.1451
GBP 0.30290.2949
EUR 0.43130.4193
NZD 0.72550.6925
AUD 0.65190.6269
USD 0.47460.4576

from

$0.00

Exchange Rate updated on 4th August 2015

Today's Most Read Stories

  1. PM cuts off rumours
  2. Professional decision
  3. Full compensation denied
  4. Accident claims teenager, driver on the run
  5. Best for final
  6. Flying Fijians win Pacific Nations Cup
  7. Rain fails to deter spirits
  8. ABs to make changes
  9. Dedicated rooms for infant feeding
  10. Locals receive eye treatment from visiting specialists

Top Stories this Week

  1. Sex trafficking source Thursday (30 Jul)
  2. Teary farewell for trio Friday (31 Jul)
  3. Final goodbye Wednesday (29 Jul)
  4. Possible delay in military farewell, Tikoitoga busy Monday (03 Aug)
  5. PM cuts off rumours Tuesday (04 Aug)
  6. No say over lease Friday (31 Jul)
  7. Suspended teacher to explain Wednesday (29 Jul)
  8. Mind game Monday (03 Aug)
  9. Commander resigns Sunday (02 Aug)
  10. World cup dream for Lockington Monday (03 Aug)