$40m complex for North

Tui Macuata Ratu Wiliame Katonivere (left), Damodar Group CEO Div Damodar,PM Voreqe Bainimarama and Dayanand Damodar during the ground breaking ceremony at Labasa yesterday. Picture: LUKE RAWALAI

THE groundbreaking ceremony of the much awaited $40 million Damodar City Complex was held at the Naiyaca subdivision in Labasa yesterday.

Officiating at the groundbreaking ceremony of the new complex, Prime Minister Voreqe Bainimarama revealed the complex would host a four-star hotel apart from its signature cinema, dining area and other entertainment areas.

Mr Bainimarama said over the past few years, the country had witnessed the private sector changing the face of Fiji.

Real estate developments of all types — from retail to residential, from hospitality to commercial office space are springing up throughout Fiji, changing the way that Fijians live, work, and play,” he said.

“They bring with them rewarding jobs, improved goods and services, more competitive prices, and more variety, enriching the lives of Fijian families.

“For years, my government has worked to bring the North into the fold of Fiji’s growing economic prosperity, investing hundreds of millions of dollars in the necessary infrastructure, technology, education, and government services to allow Fijians to thrive,” Mr Bainimarama said.

In his address, Damodar Group chief executive officer Div Damodar said the complex would feature a world standard three screen cinema with state-of-the-art sound, having a seating capacity of over 650 seats.

Mr Damodar said in addition, the centre would offer 37 small retail and variety outlets, four large departmental stores, six large restaurants, eight food court outlets, a coffee shop, a children’s play area, a supermarket and a premier hotel through a partnership between Damodar North Ltd and Paul Jaduram Investments.