15 December, 2025, 8:02 am Central - 23°C Rain

$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
Fijians urged to stay alert as TD03F brings rain and unsettled weather
People are being urged to remain vigilant and prepare as the effects of Tropical Depression TD03F are expected to be felt from tonight.According to th...
31 minutes ago
LATEST NEWS
Eleven people have been killed in a shooting at Australia's Bondi Beach
12 people have been killed in a shooting at Australia's Bondi Beach, which targeted the Jewish community, as more than 1,000 people attended an event ...
16 minutes ago

18 youths graduate from Basic Poultry Production training in Vanua Levu
18 youths have gained valuable hands-on skills and new income opportunities after completing a three-week Basic Poultry Production course at the ...
25 minutes ago

23-year-old man arrested for allegedly assaulting police officer in Suva
A 23-year-old man from Nabua Topline has been arrested in Suva for allegedly assaulting a police officer on Waimanu Road yesterday. Police say they ...
29 minutes ago

Two gunmen open fire at Bondi Chanukkah event, 10 confirmed dead
A gunman has been shot dead and another is being treated after opening fire on Bondi beach, killing 10 people in what is believed to be a targeted ...
11 hours ago

Southern Division records 30% decline in serious crime
The Southern Division of the Fiji Police has recorded reductions in crime during the first quarter of the 2025–2026 financial year, highlighting ...
15 hours ago



Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Sonia Shanaaz says silent treatment hurts as she waits for assistance for her daughter with cerebral palsy
Sonia Shanaaz, the mother of 10-year-old Aarna who was born with cerebral palsy, says silent treatment hurts after she reached out to the ...
3 days ago

I do not support police officers being charged on public opinions and without evidence - COMPOL
Commissioner of Police Rusiate Tudravu says he will stand by his officers, and he does not support any officer being charged based on public opinion ...
3 days ago

Dubai 7s 2025
The Fiji Airways Men’s National 7s side are working on their fitness as they prepare for the start of the 2025/2026 World 7s Series this ...
7 days ago

TOP