16 November, 2025, 3:42 am Central - 21°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.

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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.



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