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Works On $57M Nila Beach Resort Begins

Works On $57M Nila Beach Resort Begins
An artist’s impression of the Nila Beach Resort integrated tourism development in Vuda, Lautoka. (Inset: Nila International Limited director, Mohan Chinnuswamy shows an artist’s impression of the Nila Beach Resort development. Photo: Waisea Nasokia)
September 26
11:17 2015

The first stage of the $57 million Nila Beach Resort in Vuda, Lautoka, is expected to be completed before the end of this year.

Nila International Limited director, Mohan Chinnusamy, confirmed the first stage of the integrated tourism development has begun to be completed by November.

He said the project involves a four stages but they will work on phase-by-phase.

“The whole investment is about $57 million as we have 14 acres land, nine acres foreshore and it will take about three years to complete the whole resort project,” he said.

Mr Chinnusamy said the first stage alone will cost only $1.2 million.

The first stage will have 48 accommodations, a restaurant (all facing towards the seafront), swimming pool, public facilities, landscaping and beautifying of the beach.

“The area is declared as the Tourism Zone and many resorts are located here as well but our concept is entirely different from the neighbouring resort concepts,” he said.

“Our concept we have for the market is about 60 over the water villas, which will be stage 4 and it is one of its kinds in Vuda.”

 

About the investor

Mr Chinnuswamy was born in Chennai, Madras, in India but migrated to Australia in 1998 to open up a boutique shop in Sydney.

Their company’s background is in manufacturing and marketing line for white goods (electric appliances including washing machines).

The company also opened the Nila boutique shop in MHCC Suva and then opened another shop in Nadi Main Street but has closed down.

“I had acquired this land few years ago for resort,” he said.

“It took some time but now I am committed to this development and want to concentrate on the resort so I had to close down both shops.

“Tourism is thriving in the country right now and so is investment. We just have to come up with the concept that is ideal to Fiji.”

Funding will be sourced from the Bank of Baroda and Mr Chinnusamy has partnered with his Fiji-born wife on this project.

He added the second phase will start in February, the third phase in May and at the end of next year, Stage 4 will start.

 

The stages of development

  • Stage 1 will have 48 accommodations, a restaurant (all facing towards the seafront), swimming pool, public facilities, landscaping and beautifying of the beach.
  • Stage 2 will include 12 Villas on the beach side,
  • Stage 3 will be another 10 Villas on the beach side
  • Stage 4 will be the over water villas.

Feedback: waisean@fijisun.com.fj

 

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