DPM Prasad: projects are “statements of faith” in Fiji’s economic reforms

DPM Prasad: projects are “statements of faith” in Fiji’s economic reforms
October 10, 2025

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DPM Prasad: projects are “statements of faith” in Fiji’s economic reforms

Fiji’s investment and tourism landscape received a major lift tonight with the launch of two landmark developments — The Koro Fiji and Tabua Tower — worth a combined $270 million.

Unveiling the projects at the Grand Pacific Hotel, Deputy Prime Minister and Minister for Finance Professor Biman Prasad said the developments were “symbols of confidence in the economy, ambition of our private sector, and the spirit of progress that defines our nation.”

The Koro Fiji, led by Nadi Bay Investment Limited, will transform Nadi’s Martintar district with 90 strata-titled apartments and a 210-room hotel.

In Suva, Frontier Investments Limited will redefine the capital’s skyline with the 21-storey Tabua Tower, a mixed-use development featuring a hotel, serviced apartments, offices, and rooftop facilities.

Professor Prasad said the two projects would deliver 450 new hotel rooms, create hundreds of jobs, and inject millions of dollars in economic activity.

He noted that as of September 2025, Fiji has 212 investment projects valued at $6.2 billion in various stages of development.

“These projects are more than bricks and steel — they are statements of faith in Fiji’s resilience, in our economic reforms, and in our shared vision of progress,” Professor Prasad said.

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