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$1.8m Project A Boost For Rattan Bhan Ltd

$1.8m Project  A Boost For  Rattan Bhan Ltd
Rattan Bhan Ltd’s $1.8m commercial building investment in Sigatoka Town. Photo: WAISEA NASOKIA
April 16
11:00 2017

Rattan Bhan Ltd continues to grow their business in the heart of Sigatoka Town.

Recently, the company completed building a $1.8 million project — a two-storey commercial building complex, which has the capacity to host four shops.

Company director Krishna Rattan Bhan said he continued the legacy of his late father, Rattan Bhan, who was also a businessman in Sigatoka.

“From the 1970s, my parents invested all their time, money and effort in their business and part of bringing up a little Sigatoka Town into what we are looking at today,” Mr Bhan said.

Mr Bhan said he was glad that he had taken those steps achieving a commercial development right in Sigatoka Town.

“While achieving this commercial development, I had to face various obstacles where it took a minimum of five years to get the whole block resolved, which was sitting in the Residential B, which now has given a face lift to the town at market road and has created a minimum of 100 job,” he added.

“I appreciate the Government of the day for the assistance given to me in getting this area commercialised because previously people were just sitting with their files and people didn’t know anything about country development in their office.”

 

Building Project

Mr Bhan is inviting an expression of interest to reputable corporate companies at the same time to lease the space including commercial banks, hardware’s that is not present in Sigatoka, other retail shops, and restaurant.

“The way I designed the building was in to a shopping arcade and then thought of getting a larger shop because Sigatoka lacks large space area in terms of retail area,” he said.

“There are business houses that would like to have large space, so right now we have four large shops and one shop would have 152 square meters, so basically there are of the same size.

“We will have two shops at the bottom and two at the top. I need to make it in to an arcade, so definitely we will have six on top and six at the bottom, but I need to rent it out as a large space shop because there is a big demand for it.”

The project began in 2015 and has faced several setbacks, including Tropical Cyclone Winston last year.

“We had cyclone Winston and resulted to delays where we couldn’t get the material in time. Fiji was facing crisis where the hardware items was to be sent first to people who lost their home so I would say it was God’s plan and it was that where I would say another sacrifice of being humble in waiting for my building completion.”

 

Background

The late Rattan Bhan ran small sweet kiosk near the bus stand before venturing into their own supermarket, Rattan Brothers Sigatoka.

There came a time when his later father ran seven shops under the Rattan Bhan Ltd and boasted one of the best wine and  dine restaurants in town, and was awarded several times by the STC back then.

EDITED BY: IVAMERE NATARO

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