NEWS

Development Minerals Study to Conclude this Year

Assistant Minister for Rural and Maritime Development and National Disaster Management and chairman of the Natural Resource committee Joeli Cawaki is looking forward to the completion of a study on
19 Feb 2018 12:07
Development Minerals Study to Conclude this Year
Assistant Minister For Rural and Maritime Development and National Disaster Management and chairman of the natural resource committee Joeli Cawaki.

Assistant Minister for Rural and Maritime Development and National Disaster Management and chairman of the Natural Resource committee Joeli Cawaki is looking forward to the completion of a study on development minerals.

He said the study conducted by United Nations Development Programme (UNDP) through the Secretariat of the Pacific Community (SPC) has been ongoing for a few years and will be completed this year.

“These development minerals (rocks, sand, gravel, soils) are not captured in our Gross Domestic Product (GDP),” Mr Cawaki
said.

“If you see the roads, buildings, houses, jetties, crossing and other infrastructure, there is usage of all these development minerals and yet they are not accounted for.

“For instance the construction of the Dreketi-Nabouwalu Highway in Vanua Levu.

“No one captured what were the quantity, quality and value of those development minerals used.

“When you see the retaining buildings and seawalls all used the development minerals and it carries value.”

“What is been captured in our GDP is the value of minerals such as gold, copper, bauxite and other valued minerals and for so long development mineral have been neglected,” he said.

“I am looking forward to the completion of the study which will quantify how much development minerals being used in our country in a year.”

Meanwhile, Mr Cawaki said the ministry will continue with the plans that have been outlined last year as the financial year ends in July.

Edited by Mohammed Zulfikar

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