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Complex To Lift Sigatoka’s Profile

The launching of a new property in Sigatoka will lift the Salad Bowl town’s profile. The $3.2 million investment has been made by a former Sigatoka man who has returned
22 May 2015 09:50
Complex To Lift Sigatoka’s Profile

The launching of a new property in Sigatoka will lift the Salad Bowl town’s profile.

The $3.2 million investment has been made by a former Sigatoka man who has returned to his roots, over three decades later, to increase the rate of investment in the country.

Rajendra Prasad regained ownership of the sky blue Fijian passport a year and half ago.

His career is centred in the engineering and construction industry in Australia.

Government’s conducive investment environment, he says, brought him home to the town that had left precious memories while he was studying and making a living overseas.

“I left for New Zealand in 1980 to study engineering. And then after a few years I became a New Zealand citizen,” Mr Prasad recalled.

“From there I migrated to Australia where my family and I still reside.

“The way Fiji is heading under this new Government at the moment, it’s politically very stable.

“The environment that Mr Bainimarama’s Government has created in Fiji is very conducive for us in investors or foreign residents coming over and calling it home again.

“I feel very much a part of this country now. And so after 30 years of being away why not invest in our own country and impart some knowledge we’ve learnt overseas and let’s do a few things.”

Features

The two-storey building he said will be occupied by only two tenants.

The ground floor will be occupied by a Shop N Save supermarket and a Bargain Box retail branch.

Mr Prasad said: “The structure is all complete. Our tenants will be doing fit out works shortly.”

“The space is approximately 1400 square-metres. On the first floor there’s an additional space of nearly 600 square metres which would have storage and other things.”

Mr Prasad has also indicated further investment plans in future. However at this stage, he and his family are excited about the potential the building will have in terms of economic activity.

The supermarket is likely to have at least 50 people employment while the clothing and accessories shop will have about 20, he added.

“This is a state-of-the art building and we are proud to be part of this exciting journey that Fiji is heading,” he added.

The launch of the building will take place tomorrow and the Attorney-General Aiyaz Sayed-Khaiyum is expected to officiate the occasion.

Sigatoka Town Council, chief executiver, Tulsi Ram said: “People will have more places to shop around providing consumers more options.”

The complex does not only benefit the consumers but it creates employment which Mr Ram praises.

“This construction will give more business to the transport industry, mainly buses, carriers and taxis.”

He confirmed, “Council has been advised of some new developments soon.

“Ba Book Centre has indicated of developing on their lots along Duabale road.”

There also a few businesses that have informed the council about some new development to look out for.

Mr Ram has urged other businesses to start developing the few vacant lots in the town as this would be good for the district, since it will provide employment to the people.

Feedback: rachael.nath@fijisun.com.fj

 

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