Damodar group confident of an investment budget

Damodar Group’s director Dayanand Damodar, left, CEO Div Damodar, Paul Jaduram Investments Ltd director Natasha Jaduram and Paul Jaduram at a press conference today. Picture: MONIKA SINGH

GOVERNMENT has been very supportive of business growth in the country and Damodar Group CEO Div Damodar is confident that the budget this year will pave the way for more investments in the country.
Mr Damodar said a lot of investment opportunities had been created and the country was on the growth path.
And with the Government’s Look North Policy, more investments and developments were taking place in the Northern Division.
The Damodar Group has invested heavily into their Damodar City Labasa complex and Mr Damodar says their investment will create employment in the otherwise neglected Northern Division.
The group today signed a memorandum of understanding with the Paul Jaduram Investments Ltd, which is expected to spin off more jobs and bring back investment and develop tourism in the Friendly North.

More Stories