SUNBIZ

Nadi Retail Complex Nears Completion

  The project was a part of FNPF’s investment rehabilitation programme, which has also seen the redevelopment of a number of other properties belonging to FNPF. The Fiji National Provident
07 Jul 2018 10:00
Nadi Retail Complex Nears Completion
The estimated $23 million Nadi Retail Complex development located at the corner of Nadi Main Street and Koroivolu Avenue. Photo: Waisea Nasokia

 

The project was a part of FNPF’s investment rehabilitation programme, which has also seen the redevelopment of a number of other properties belonging to FNPF.

The Fiji National Provident Fund’s new Nadi Retail Complex is nearing completion.

The estimated $23 million retail development construction project is located at the corner of Nadi Main Street and Koroivolu Avenue.

Once completed, the three storey building will offer two levels of retail space and one level for office space.

The roof and external walls of the building has been completed and the finishing touches are now being done inside the building.

It is understood that the project is behind schedule and the revised completion date has been submitted to FNPF and is currently being assessed.

This was the site of the old Nadi Hotel.

The project was a part of FNPF’s investment rehabilita­tion programme, which has also seen the redevelopment of a number of other properties belonging to FNPF.

Plans for the building had begun earlier in 2015.

Expo to benefit members

The Retirement Expo held in April, proved to be a suc­cess and plans are already underway to hold similar events around the country.

More than 2,000 people visited the Retirement Expo that was held at the Downtown Boulevard and My FNPF Centre.

The aim of the expo was to promote and create aware­ness on financial readiness for retirement.

The expo was part of a co-ordinated effort to raise do­mestic savings and investment levels and, in the process, contribute to economic growth.

Exhibitors included financial institutions, government ministries, statutory institutions and investment com­panies.

FNPF also used the platform to also address the ongo­ing challenge of low member balances.

Representatives of these organisations provided advi­sory services on retirement planning, starting a busi­ness, acquiring information from various government grant schemes and financial products such as insurance, investments and loans as a means to supplement FNPF savings.

The Retirement Expo Committee is firming up on de­tails for the expo to be held in Nadi, Lautoka, Labasa and Savusavu and will soon announce the dates.

The expo was jointly organised by the FNPF, Reserve Bank of Fiji and the Pacific Financial Inclusion Pro­gramme, who are part of the Financial Literacy Work­ing group.

Feedback: maraia.vula@fijisun.com.fj

 

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