Faiyaz Koya Heads Denarau Waters

Faiyaz Koya is the new acting chief executive officer of Denarau Waters.
Ananth Reddy, the major shareholder of Avoser Limited, the parent company of Denarau Waters Pte Limited announced this yesterday.
The company is undertaking the development of a major integrated resort at Denarau.
The resort development currently has just over 1,000 lots including residential, commercial and hotel lots.
All lots in the first stage are sold, and work is proceeding on the other areas.
Mr Reddy said that the company had been looking for a person with all the skills to take control of this large development and move it forward to completion. He believes that Mr Koya is uniquely positioned to do this.
Mr Koya has an intimate knowledge of land development in Fiji and the issues that need to be addressed to ensure a quality product is delivered to investors.
In addition he has a deep understanding of the tourism and hospitality industries in Fiji and what international investors are looking for in developing new resorts.
His long term involvement with investors and their needs will be invaluable for the growth of the business.
Peter Mazey, chairman of the Board of Denarau Waters said: “Mr Koya is probably the only person in Fiji that can deliver what the Board was searching for.
“This in terms of industry knowledge, leadership in a difficult period in the company’s growth and a personal standing in the business community that will allow him to truly represent Denarau Waters at all levels, including the local and international investor community and to lead the current staff of the Company in a totally professional manner.”
Mr Koya, a Nadi lawyer, was a long term minister in the FijiFirst Government. He held portfolios such as Tourism and Lands.
He will be located in the Denarau Waters offices in the Port Denarau Commercial Complex, directly above Jacks retail store.
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