{"id":204471,"date":"2025-10-11T03:00:10","date_gmt":"2025-10-11T03:00:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/204471\/"},"modified":"2025-10-11T03:00:10","modified_gmt":"2025-10-11T03:00:10","slug":"270m-boost-for-fijis-economy-with-launch-of-the-koro-fiji-and-tabua-tower","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/204471\/","title":{"rendered":"$270M boost for Fiji\u2019s economy with launch of The Koro Fiji and Tabua Tower"},"content":{"rendered":"<p>Fiji\u2019s investment and tourism sector received a major boost with the official launch of The Koro Fiji and Tabua Tower, the two landmark projects valued at a combined $270 million, signaling strong investor confidence and renewed economic growth.\u2028\u2028<\/p>\n<p>The projects were launched by Deputy Prime Minister and Minister for Finance, Professor Biman Prasad at the Grand Pacific Hotel in Suva.\u2028\u2028<\/p>\n<p>Professor Prasad described the developments as \u201csymbols of confidence in the economy, ambition of private sector and the spirit of progress that defines the nation.\u2028\u2028<\/p>\n<p>The Koro Fiji, a project by Nadi Bay Investment Limited, will transform Nadi\u2019s Martintar area with 90 strata-titled apartments and a 210 room hotel.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/10\/viber-image-2025-10-11-08-31-12-886.jpg\" border=\"0\" width=\"100%\" alt=\" viber-image-2025-10-11-08-31-12-886'=\"\/><\/p>\n<p>Meanwhile, The Tabua Tower Project, developed by Frontier Investments Limited, will reshape Suva\u2019s skyline with a 21-storey mixed-use tower featuring a hotel, serviced apartments, office spaces and rooftop facilities.\u2028\u2028<\/p>\n<p> Professor Prasad says that the two projects will deliver 450 new hotel rooms, create hundreds of new jobs, and inject millions of dollars into the economy.<\/p>\n<p>He further says that as of September 2025, Fiji has 212 investment projects worth $6.2 billion in various stages of development.\u2028\u2028<\/p>\n<p>The Deputy Prime Minister adds that these projects are more than bricks and steel, they are statements of faith in Fiji\u2019s resilience.\u2028<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"Fiji\u2019s investment and tourism sector received a major boost with the official launch of The Koro Fiji and&hellip;\n","protected":false},"author":2,"featured_media":204472,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[127111,64,63,99,164],"class_list":["post-204471","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-270m-boost-for-fijis-economy-with-launch-of-the-koro-fiji-and-tabua-tower","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/204471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=204471"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/204471\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/204472"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=204471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=204471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=204471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}