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Big Economic Boost At Savusavu’s Nawi Island in 2022 And Beyond

Approximately $80 million has been invested into the project to date
11 Mar 2022 10:00
Big Economic Boost At Savusavu’s Nawi Island in 2022 And Beyond
An artist impression of the Nawi Island Development.

After years of anticipation the Nawi Island International Marina in Savusavu, makes strides towards opening in 2022.

The company’s plans to open a portion of the marina, accommodating designated superyacht berthing, will soon become a reality.

With a restaurant and fuel docks serving both local and international yachts, the Marina is soon to become a sailor’s haven.

 

Nawi Island Pty Ltd’s managing director, Michael Gann, said: “After much anticipation and preparation, pile driving and pontoon manufacture commenced at the beginning of 2022 and we continue to work to accelerate the schedule in order to participate in the next yachting season.”

 

Nawi Island currently has four contractors working on site to build the Marina and related facilities.

Gold Coast Australia based GC Marine Pty Limited is contracted to install marina piles and pontoons which have been designed for category
five cyclone rated certification, drawing on the island’s natural geographical protection from inclement weather, being situated inside Savusavu Bay.

To complement the marina, a 112-yacht capacity dry dock, boatyard and haul out facility, with 75-tonne Marine Travelift, in Savusavu’s Balaga Bay, is currently in tender phase.

 

Economic Boost And Investment
The Nawi Limited Investment Committee said: “The multi-million- dollar project is being designed to create a significant supply chain demand in Savusavu for all sorts of small to medium sized businesses – from fresh produce suppliers, laundromat services, cultural entertainment, to adventure tourism in the Northern Division, including Taveuni and the Lau Group.”

 

These will translate to more commerce and employment in Savusavu, and its neighbouring islands.

“We remain committed to Nawi Islands natural beauty and tranquillity, and continue to advance with one of the largest American investments to the Fijian economy, and coupled with its partner, the Fiji Development Bank.”

 

Nawi Island investors shared similar sentiments: “With approximately $80 million being invested into the project to date, we take immense pride in seeding a source of development and income for the local Savusavu economy, for decades to come.”

In July 2021, a major investor in Nawi Island, General Hathaway Holdings Limited, pledged $20 million in equity to complete the much-awaited project.

 

Resort And Private Residences
Despite worldwide challenges, Nawi Island remains steadfast in their vision of building opportunities for the people of Savusavu and their neighbouring island families.

With the marina construction underway, the company is also focusing on securing a five-star international brand for its resort and spa, 38 private residences, and a select cluster of marina apartments, as phase three of the project, is earmarked for completion by 2025.

 

This exclusive escape, Nawi Island, is located about 300 metres north of Savusavu town and will be the first of its kind in the Pacific Region, attracting seasonal yachtsand superyachts on the trans-Pacific route.

 

Feedback: ranobab@fijisun.com.fj



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