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Denarau Corporation Limited Works Towards 10-year Plan

Denarau Corporation Limited Works Towards 10-year Plan
Strategy
March 19
11:03 2017

This year will certainly be an exciting year for the Denarau Corporation Board and the Management team to deliver on their plans.

Incoming chairperson of Denarau Corporation Ltd Pramesh Sharma thanked  the DCL board, stakeholders and their representatives for their invaluable contributions.

“The DCL board is now tasked to ensure DCL, as an organisation, is aligned and resourced with the right people capital to deliver on our promise to Denarau Island Stakeholders.”

 

Strategic plan

The 10-year strategic plan adopted in 2016, is intended to set the scene for DCL and its standard of service delivery to Denarau Island.

“The process was a consultative one and incorporates the views and expectations of the community,” Mr Sharma added.

“This year, with the changing dynamics of the business and service expectations, the board will be reviewing the plans and keeping the strategic plan as a live document.

Denarau Island and DCL, in its function as custodians and administrators of the island, needs to be in line with the island’s developments.

“It is therefore imperative that the business and its plans are aligned accordingly.

“A key component this year is the review of the Denarau Island infrastructure, an exercise that was conducted in 2012 and now well overdue for review.”

The results of this exercise will form part of DCL’s capital investment planning for the next five years.

The ISO accreditation and certification, with the relevant QMS processes that support the ISO framework will ensure that preventative and cyclical maintenance programmes exist to support our infrastructure.

“As well, these standards are intended to further boost Denarau Island as a product and destination that is recognised internationally.

“The drafting and proposal to Government to recognise corporate bodies like DCL as an entity with its internal legal framework need to be supported through legislations such as integrated resort legislation.

He added the legislation would focus on shifting DCL’s legal framework from a contract law basis to enacted legislature.

“Other integrated resort developments, existing and proposed will also benefit from this proposed legislation which will be provided to Government for consideration.”

 

Foster community partnerships

The Denarau Island community project and DCL’s corporate social responsibility are also key projects for 2017 as they are intended to foster community building not only on Denarau Island but also with the greater community outside Denarau Island.

“Security provisions and security remain high on the DCL’s agenda. The recruitment of an experienced general manager security, compliance and risk in Neil Parsons is intended to bridge all shortfalls.”

The key strategic focus for 2017:

Review and realign DCL’s 10-year Strategic Plan;

Drafting of an Integrated Resort Legislation to submit to Government for consideration;

Be certified with the International Standards Organisation (ISO) accreditation;

Continue to support management and ensuring that they are adequately resourced to deliver the Board’s and stakeholder’s objectives;

Construction of the Denarau Island Community Hall;

Improve DCL’s Corporate Social Responsibility presence – Securing our Denarau Island Community; and

Reviewing the cost structure of DCL operations.

 

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"I wouldn't want to miss this opportunity. I want to make sure that I am by her side when my first child is born."
Jasa Veremalua
Fiji Rugby 7s rep
March 2017
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