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AOG Fiji Proposes $20m Investment in property development

The Assemblies of God  Church in Fiji is proposing two major investments which hoped to benefit the future generation of members. It is developing properties it already owns to develop
22 Aug 2015 11:05
AOG Fiji Proposes $20m Investment in property development
The Assemblies of God Fiji head office building in Robertson Road in Suva. This is expected to be the site for the organisation’s luxury apartment/hotel building. Photo: Ronald Kumar

The Assemblies of God  Church in Fiji is proposing two major investments which hoped to benefit the future generation of members.

It is developing properties it already owns to develop revenue for Church-work and ease the fundraising burden on members.

Fiji general secretary, Reverend Viliame Vakasausau, confirmed one of their immediate projects was the construction of a luxury apartment/hotel.

They are looking at $20 million investment in what they hope to make a 10-storey luxury hotel/apartment in Suva City.

This would be located in Robertson Road in Suva where currently the Church’s head office is situated.

Reverend Vakasausau said they have partnered with a South Korean company, Engineering Synthesis Technology, for this project and have already signed a partnership agreement.

He said they are hoping to complete the luxury apartments within two years which will then give them an annual rental income of $1.9 million.

Construction is expected to begin soon after the AOG Fiji head Reverend, Pita Cili, returns from USA.

Reverend Vakasausau said the property will be fitted with advanced technology, probably not seen in Fiji yet.

He revealed one such feature would be for example you would not have to use a switch to turn on the light but rather just command and it will turn on automatically.

“We believe in the future, we do not want our people not be burdened with a lot of fundraising and other ways or collection funds especially for the national work,” he said.

“With this project, the current leaders are thinking of the future and of the next generation.

“It is to make sure they are not continuously burdened every year with collections to finance our movement.”

Reverend Vakasausau said they are hoping this multi-million-dollar investment in Robertson Road will prepare them for future investment in the AOG City.

 

AOG City plans

The AOG City plans have been on the drawing board for almost 10 years now but things have started moving on this front finally.

Proposed to be developed in Koronivia, Nausori, on a land acquired by the Assemblies of God Fiji, investment is expected to be in millions.

Reverend Vakasausau said the AOG City would include a shopping centre with retail outlets, a convention centre for the organisation as well as the AOG Fiji head office.

“At the moment I cannot give the exact figure but by the look of it, even covering that piece of swampy area will cost millions – just the first stage,” he said.

Reverend Vakasausau said they are ready to begin some work now and the first step is to put the signboard.

The plan is to develop the land within the next two years.

“So we look to about five to 10 years time to complete the whole project after we are done with our immediate project in Robertson Road,” he said.

 

Investment scale

Reverend Vakasausau said the two projects will be a first of such a large scale for the organisation.

“We have invested in small projects because the governance of our organisation is not similar to other denominations,” he said.

“For AOG, we let each local church make their own investment in their own property. But this is going to be a major project for us.”

 

Feedback: luisa.qiolevu@fijisun.com.fj

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