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Group signs contract for construction of villas

Manasa Kalouniviti
Wednesday, November 15, 2017

THE Yadua Bay Resort development project is on track and we hope to have that hotel proper completed by the end of January 2018, says Hexagon Group chairperson Hafiz Khan.

"The construction, which commenced late last year, is being undertaken by Chinese contractor China Civil Engineering Construction," he said.

Mr Khan said there was also their fervent desire to have some villa units also ready for individual ownership at the time the hotel commences operation.

"So we are very pleased to enter into a contract agreement with Audie Pacific Engineering (APE) today for the construction of eight villas. These villas will give us 20 more accommodation units to what the hotel is providing," Mr Khan said.

He said the concepts Audie had designed for them was very unique and specific for the Yadua project and it would bring the resort up to five-star level.

"The market value of these eight villas when completed would be close to $6 million; this is the first stage and we have 80 villas to build; some of which have already been bought by individual buyers and we hope that Audie will be building all those 80 villas for individual buyers for us."

He said he saw a possible long-term business arrangement with Audie as they would continue working for them because the whole project would take about five years to complete.

Audie Pacific's managing director Ozie Hansery Moechlis congratulated the Hexagon Group for the Yadua Bay Resort project and said they were happy to be chosen by Hexagon for this project.

"The signing between Hexagon and Audie Pacific for the Yadua Bay project is another important step of Audie Pacific's endeavors in Fiji's construction industry since it was established and registered as a Fiji based company in early 2017," Mr Moechlis said.

He said APE was a subsidiary of PT Audie Building Industry, the only Indonesian company to manufacture NZ licensed wall panels, also known as Audie panels, a lightweight interlocking sandwich panel which uses a 4mm thick fibre cement sheet with a low density concrete core made of Portland cement, salicaceous and micaceous aggregate.

"Audie panels are soundproof, fireproof, water proof and moreover it has been rigidly tested to be cyclone Category 5 resistant," he said.

Mr Moechlis said APE was interested in helping Fijians in the building industry, especially in the construction of affordable homes.

"That's because Fiji's building material costs are so high and also Fiji does not have cheap housing contractors; and the cost of real estate in Fiji was really high," Mr Moechlis said.

The construction contract was signed between Mr Moechlis, Mr Khan and managing director Dixon Seeto.

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