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Business Hotel For Nadi

A purpose-built and conference business hotel is taking shape in Nadi town – on Enamanu Road at Martintar off Queens Road. A Chinese company, Ping Cheng is constructing the with
27 Jun 2015 09:10
Business Hotel For Nadi

A purpose-built and conference business hotel is taking shape in Nadi town – on Enamanu Road at Martintar off Queens Road.
A Chinese company, Ping Cheng is constructing the with a roof top pool and bar.
General Manager, Li Jiang said: “We are targeting this hotel to be a business hotel. It will have large conference rooms and meeting halls with state of the art equipments.
“We want to bring a modern style to Fiji, something different that allows people to experience unique hotel styles.”
Now in its initial phase of construction, the cost so far is over $10 million, Mr Jiang said.
This only covers the materials which have been brought in from China.
Required approvals have been obtained, he said.
Like many Chinese-run businesses, locals will be employed throughout the development, he stressed.
“When construction starts we will bring in 15 to 20 people from China and about 30 to 40 from Fiji.
“Once completed, we are looking to hire up to 100 locals to work at the hotel,” he said.
With a steady growth in the Fijian economy, Mr Jiang has a lot of faith Fiji.
He said: “I’ve seen the market and Fiji’s tourism market is good and it grew very fast.
“In 2010, when I come to Fiji the rooms in Nadi were only $190 now the rooms are $400 or $500. The demand has grown. That is why I want to be in on this venture.”
But maintaining a reasonable price range when the new hotel begins its operation is something Mr Jiang already has in mind.
“I am looking at having the rooms at $200 per night.

Why Fiji
While the demand in the tourism industry maybe strong, Mr Jiang pointed out other reasons for investing in Fiji.
“Fiji is very safe, I’ve been here for 5 years and nothing bad ever happens . It’s a safe country. The people are also very friendly and happy.
“Fiji and China’s relationship is very close and the Prime Minister of Fiji has invited us to come and do business here, so we want to come and help Fiji.
“The Prime Minister wants to increase the developments in Fiji, and that is also what I want.
“We can help the government and the tourism industry to grow, by developing this hotel, we help give jobs to locals and more tourists will come into the country which will boost the economy.”

Company and Funding
The Ping Cheng company is from Shaoxing city.
Its core business is in real estate it has also ventured into construction.
Mr Jiang explained the funding for the Nadi hotel will be generated through their Chinese branch.
Mr Jiang is not new to Fiji, having conducted other projects both as a shareholder and Manager.
One of his first projects in 2010 was working at the Tian Tian Tian Yuan Company Piggery project and the Tengy Cement factory in Lami.
With an influx of Chinese-run developments taking place around the country, there has been concerns about the genuineness of some projects.
Mr Jiang explained: “I don’t just buy land and not do anything. Many Chinese people come to Fiji and do business but only a few come and not do business.
“That doesn’t mean all Chinese are bad, that is why I want to build this hotel quickly and then start on other projects so the local people can have faith in us Chinese and know we are not lying – that we are really here to help Fijian people.

Future Plans
Mr Jiang also has plans to venture into agriculture.
“I will start once I get the land. I don’t have the right land for it just yet but I am looking for somewhere in Tailevu,” he said.
After the completion of the hotel in two years time, plans are already in the pipeline to build a beach front resort at Pacific Harbour.




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