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$11.2m subsidy for project

Travis Ronnie
Wednesday, September 13, 2017

THE Housing Authority of Fiji thanked the Fiji Government for subsidising $11.2 million — the cost of developing the three housing projects — some of which are close to completion.

The authority said Government subsidised $4.6m for Matavolivoli in Nadi, $3.6m for Nepani, and $3m for Davuilevu in the Central Division.

Authority general manager Isikeli Navuda said they were happy with Government facilitating the three projects.

"We thank the Government for providing us money, which will go to reduce the development cost of developing the lots," he said.

Mr Navuda said the Government support towards the project would ease the development cost of the project.

"Without these subsidies, the cost of developing the lots will be very expensive, so we're grateful that the Government is stepping in, which will allow us to assist in the completion of the project.

"The actual cost of the development is more, but whatever the Government is subsidising that will reduce the cost towards the project," he said.

Mr Navuda said government's support towards the project would contribute to the intention and the ownership to the people of Fiji.

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