SUNBIZ

Prime Minister Breaks Ground On New FHL Towers

 FHL is investing approximately $65 million to develop the building, which is forecast to complete by 2021. The new Fijian Holdings Limited Tower once completed will illustrate how Fiji
21 Sep 2018 12:01
Prime Minister Breaks Ground On New FHL Towers
From left: Isireli Kacimaiwai, Fijian Holding Limited Group chief executive officer Nouzab Fareed, Prime Minister Voreqe Bainimarama, FHL group chairman Adrian Sofield and China Railway First Group vice president Guo Wei mark the FHL Tower groundbreaking ceremony on September 20, 2018. Photo: Ronald Kumar

FHL is investing approximately $65 million to develop the building, which is forecast to complete by 2021.

The new Fijian Holdings Limited Tower once completed will illustrate how Fiji is fulfilling its destiny and potential as a nation, says Prime Minister Voreqe Bainimarama.

Mr Bainimarama broke ground yesterday on the 17-storey building located on Gordon Street in Suva.

The Prime Minister was joined by several stakeholders at the groundbreaking, including Saud Minam, the country head of the project’s financers Australia New Zealand (ANZ) Bank.

FHL is investing approximately $65 million to develop the building, which is forecast to complete by 2021.

“The halls of this new tower (once complete) will be filled with Fijian businesses, international agencies and organisations, diplomatic staff and so many others who will together make it a hive of economic activity,” Mr Bainimaarama said.

“More than that, it will be a beacon to the rest of the nation, and a message to the world, of Fijian progress, greatness and achievment.”

Initial estimates say some 200-300 jobs will be created once the building is completed.

“We can look back on how far our capital has come these past 10 years, how the face of Suva has changed, and how that has changed the lives of our people,” Mr Bainimarama said.

“Every new building represents new opportunity; a new opportunity for new businesses to set up shop and for others to expand and for our people to get high-paying jobs.”

Mr Bainimarama also praised FHL for the development, saying the company had made smart investments which its shareholders were benefiting from.

 

An artist’s impression of new Fiji Holdings Limited Tower being built on Gordon Street, Suva.

An artist’s impression of new Fiji Holdings Limited Tower being built on Gordon Street, Suva.

 

“FHL companies are at the fore­front of our economic development, contributing to the growth of tour­ism, opening up new areas of our country to opportunity and quite lit­erally buidling a better, stronger and more resilient Fiji,” he said.

Chinese company, China Railway First Group Limited, have been signed on as the contractors for the development.

Suva’s Sharma Design Group Lim­ited are the architects for the build­ing.

Meinhardt Design Group Limited are responsible for the structural design.

Kramer Ausenco (Fiji) Company Limited will oversee the the service design.

The building will stand at 61.04 metres in height, covering a ground area of 1,727 square metres.

“We are turning a ery big dream into a reality,” Mr Bainimarama said.

“Soon, Suva will be bless with an­other addition to its skyline, among the most impressive ever seen in the Pacific, and another symbol of our success.

“(It is also a symbol of our) Govern­ment’s ambition and of my Govern­ment’s proven ability to deliver for our nation and our people.”

Feedback: sheldon.chanel@fijisun.com.fj “

Chinese company, China Railway First Group Limited, have been signed on as the contractors for the development.

Suva’s Sharma Design Group Limited are the architects for the building.

Meinhardt Design Group Limited are responsible for the structural design.

Kramer Ausenco (Fiji) Company Limited will oversee the the service design.

The building will stand at 61.04 metres in height, covering a ground area of 1,727 square metres.

 

 

 

 



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