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$20m complex

Margaret Wise
Saturday, December 02, 2017

LOCAL hardware giant RC Manubhai and Company Ltd will spend more than $20 million on a commercial complex at Navutu, Lautoka.

Managing director Dinesh Patel also revealed this week the company was in a joint venture partnership with P Meghji's and Fijian Holdings Ltd in the hotel project at Lautoka's Shirley Park.

He made the statements during the opening this week of the company's brand new $5m outlet at Tukani St, Lautoka.

He said the commercial complex at Navutu was "undergoing the approvals process" at the Lautoka City Council.

"We constantly look out for investment opportunities and this investment demonstrates our contribution and commitment towards the economic growth of this country," Mr Patel added.

"The investment in the new shop cost around $5m and we are very excited about its location as this will generate a lot of foot traffic due to its proximity to the market and bus stand.

"We are confident this new shop will provide a new level of shopping experience for our customers in terms of layout, product range and customer service on offer ."

Lautoka City Council CEO Jone Nakauvadra said the $5m investment testified to RC Manubhai's commitment and confidence in Lautoka City and the nation as a whole.

He said apart from providing employment and increased service to customers, the new outlet had also transformed what was once an eyesore into a major trading store.

Mr Nakauvadra challenged other businesses and organisations in the city to improve their infrastructure and facilities. He said some buildings within the central business district needed complete renovation to bring some life to the city.

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