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Government’s Policy Proves Positive

Government’s Policy Proves Positive
Rajendra Prasad (left) and wife, Asha with the Acting Prime Minister and Attorney-General Aiyaz Sayed-Khaiyum at the complex opening yesterday. Photo: SHEETAL PRASAD.
May 24
10:38 2015

Government’s dual citizenship policy has once again become a positive benchmark for more former Fijians to return and invest in the country.

The most recent example was demonstrated with the opening of a new complex in Sigatoka town by returning citizen Rajendra Prasad.

The complex just goes to show that former and returning Fijians still have a close attachment to their homeland, the Acting Prime Minister and Attorney-General Aiyaz Sayed Khaiyum said.

“There are a lot of Fijians who are coming back to Fiji, to invest in Fiji as we have now allowed for multiple citizenships,” Mr Sayed-Khaiyum said.

“It also shows to the rest of the world and to us that those Fijians who had left still have a very strong attachment, a strong affinity with their home land.

“They also feel that level of confidence to be able to come into Fiji and invest in substantial businesses.”

The investments as such creates job opportunities for the local market, he added.

“The Bainimarama Government put in place a number of initiatives to not just attract people but to provide that level of stability in policies, procedures that have led to economic growth.

 

About Mr Prasad

Mr Prasad who has lived abroad for the past 36 years, regained citizenship in order to invest and live here again.

The $3.2 million complex is located on Market Street.

The complex location also holds sentimental value for Mr Prasad. His late father had purchased the property.

He said: “As soon as Mr Bainimarama came into power and they introduced dual citizenship I applied and I am glad to invest in Fiji.

“My family was very supportive, my wife and children were supportive through the tough times where I travelled back and forth.”

The two-storey building’s ground level is leased to Shop N Save Supermarket along with 600 square meters on the top level.

Bargain Box is said to be the occupants of the 800 square metres top floor.

“I have got a home which I am looking into converting it into apartments in the future.

“In fact I have now built a very good team, where we are now sourcing land in Fiji to do our next project,” Mr Prasad said.

“The future for Fiji looks very bright so we intend to invest more over here as I would love to retire back at home and this is home for us,” Mr Prasad said.

Feedback:  sheetalp@fijisun.com.fj

 

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