A new building val­ued at $8.5 million is going up in Queen Elizabeth Drive in Suva and the owners expect the structure to be completed in 18 months.

Businessman Bobby Khan has invested in this project with the hope of raising economic activity in Suva.

Mr Khan’s other project in Ratu Dovi Road valued at $3.5m will be ready by the end of the month and will house a new supermarket.

The Ratu Dovi Road Project valued at $3.5m will be ready by the end of the month.

“I do not believe that in­vestment should be held back. If we have the ca­pacity to do something we should because we cannot afford to have things com­ing to a standstill,” he said.

“The project in Suva is go­ing to be a six-storey luxury apartment which would be for lease or rent.

“The Ratu Dovi project will have a new supermar­ket called GF Supermarket.

“That area is densely pop­ulated, and I feel another supermarket would serve the locality well.”

Mr Khan said for the Suva project, he was trying to mirror urban landscapes in Australia and New Zealand.

The project is estimated to provide direct employment to at least 40 people.

Mr Khan said he was hop­ing to buy more seafront properties in Suva and had plans for similar projects.

Suva and Lami special ad­ministrator Isikeli Tikodu­adua said while the Suva City Council was planning to bounce back from the COVID-19 pandemic, this was the kind of support needed to drive economic activity in Suva.

Feedback: shalveen.chand@fijisun.com.fj