PM applauds land development
lead,” Prime Minister Bainimarama said.
“In 2013, we ratified our Constitution which introduced the most powerful protection of iTaukei land in Fijian history.”
“We entrusted every inch of iTaukei land to our landowning communities for all time and that inheritance which represents over 90 per cent of land in Fiji is the greatest wealth-creating asset in the country.
“Today we celebrate the great things that Government can do when it partners with the people,” Prime Minister Bainimarama added.
In addition, the Head of Government said works had completed on other subdivision projects in Vuda as well as projects in Yadua and Nasoqela with works on similar projects also underway in Wairebetia, Saweni, Viseisei, Haravi and Lautoka.
“Anyone who runs a business knows that sometimes it takes money to make money
so, on the foundation of security we built, the Government I lead has supported landowners to maximise their land for their financial benefit and for the security and prosperity of their future generations.”
Attorney General and Minister for Economy, Aiyaz Sayed-Khaiyum, who was also present at the ground breaking ceremony, highlighted the cost of development at these sites.
“In Wairebetia we are doing this subdivision that’s in tune of over $1.5 million for 17 residential lots. What we are doing in Wairebetia and also in Saweni is trying to make them climate resilient which means that everything like electricity, water and communication lines will be underground.”
“In Saweni the Petina Property Investments, it costs us $2million and there’s about 34 residential lots there.”
“Here in Vuda, Alipate Tavai from the tokatoka Nakelo developed his land and is on an escarpment the project costs Government $.5m and in Yadua, the Namara Trust there’s 13 residential lots costing about $2.7 million.”
“The Nasoqela project in Tailevu has 15 residential lots and one commercial lot and the cost is about $2.8 million and again it’s climate resilient and this one in Vuda has 15 residential lots with amazing views and it will cost Government over $600,000 and the Tavua project which has 34 residential lots, three commercial lots and a civic area and the project cost is about $2.7 million.”
The A-G further said that as an added service Government has also valued the lots which protects the project owners from being offered lower prices for their lots apart from their actual value.