Fijivillage
22 February, 2026, 1:15 am
Central - 24°C Clouds
22 February, 2026, 1:15 am Central - 24°C Clouds

$270M boost for Fiji’s economy with launch of The Koro Fiji and Tabua Tower

$270M boost for Fiji’s economy with launch of The Koro Fiji and Tabua Tower

By Mansi Chand
11/10/2025

Fiji’s 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.



The projects were launched by Deputy Prime Minister and Minister for Finance, Professor Biman Prasad at the Grand Pacific Hotel in Suva.



Professor Prasad described the developments as “symbols of confidence in the economy, ambition of private sector and the spirit of progress that defines the nation.



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

 viber-image-2025-10-11-08-31-12-886'=

Meanwhile, The Tabua Tower Project, developed by Frontier Investments Limited, will reshape Suva’s skyline with a 21-storey mixed-use tower featuring a hotel, serviced apartments, office spaces and rooftop facilities.



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.

He further says that as of September 2025, Fiji has 212 investment projects worth $6.2 billion in various stages of development.



The Deputy Prime Minister adds that these projects are more than bricks and steel, they are statements of faith in Fiji’s resilience.



FEATURE NEWS
FICAC to keep Charters in custody overnight
There is still no official word from FICAC on why Fijian national, Charlie Charters has been taken custody. fijivillage News understands Charters w...
4 hours ago
LATEST NEWS
Scabies cases increasing among children due to climate and close contact-Dr Tuicakau
Scabies is spreading widely among children as it thrives in Fiji’s tropical climate and due to close contact among students at home and in ...
8 hours ago

On what legal basis is Charters being detained by FICAC - Naidu
Prominent lawyer, Richard Naidu has questioned on what legal basis could Fijian national, Charlie Charters be detained by FICAC.Naidu says the FICAC ...
8 hours ago

Young girls inspired to explore science and technology to shape Fiji’s future
High school students from Suva were inspired and empowered at the University of the South Pacific’s Global Women’s Breakfast 2026 event ...
8 hours ago

On what legal basis is Charters being detained by FICAC - Naidu
Prominent lawyer, Richard Naidu has questioned on what legal basis could Fijian national, Charlie Charters be detained by FICAC. Naidu says the ...
9 hours ago

BSP reports 12.9 percent profit increase
The Bank of the South Pacific Financial Group Limited has delivered a strong financial performance for the year ended 31st December 2025, recording a ...
10 hours ago



Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Minister ready to repay business class air fare for wife as concerns grow about Sports Council deals
I was invited to travel to New Zealand by the Fiji Sports Council for a grassroots 7s tournament in 2024, I travelled business class but it was ...
16 days ago

Malimali and others filed for judicial review into COI
The application for leave for the judicial review has been made by former FICAC Commissioner Barbara Malimali, former Attorney General Graham Leung ...
16 days ago

Malimali’s legal battle against President, PM and AG
Another legal battle starts today as sacked FICAC Commissioner, Barbara Malimali takes her matter to court against the President, Prime Minister and ...
16 days ago

TOP