Six sites have been identified and selected in Fiji’s Central and Western divisions for the Public Private Partnership (PPP) Affordable Housing Project.
At its meeting on Tuesday this week, Cabinet approved the future developments of the PPP affordable housing project.
Cabinet had agreed in 2019 that the government pursue this project.
A Financial Advisory Services (FAS) Agreement was subsequently signed with the International Finance Corporation (IFC) to engage this member of the World Bank Group as the lead advisor for the PPP project.
A Cabinet statement issued yesterday stated that four sites were selected from the Central Division – Raiwaqa, Nepani, Wainibuku and Tavuilevu; and the two sites in the Western Division are Tavakubu and Tavua.
“The intention is to develop affordable housing units (AHUs) on the selected sites with private sector participation or on a PPP model, where a private developer shall design, build, finance, transfer and maintain the AHUs,” Cabinet stated.
The Ministry of Finance will closely monitor the progress of the project and provide regular updates to the ministries of Housing and Local Government.
