Deputy Prime Minister and Minister for External Trade, Cooperatives and SMEs, Manoa Kamikamica, say they have removed the stop order for the construction of a $30 million hangar for Laucala Island on Monday as it was causing concern to investors.
Kamikamica highlighted this while delivering his address during the Fijian Competition and Consumer Commission's Knowledge Economy Lecture PART 2 - New Approaches to Economic Progress Panel discussion at the Grand Pacific Hotel.
He says he has noticed that there are still several bottlenecks where investors face multiple bottlenecks that discourage new investments and re-investment activities in Fiji.
He adds that this is hindering major investment projects, and there is a need to harmonise and streamline processes to remove bottlenecks.
The Minister says when they got into office, they got a call from Laucala, where they were issued with a stop order from September, with absolutely no explanation on why the stop order was issued.
He says thanks to Prime Minister Sitiveni Rabuka and Deputy Prime Minister and Minister for Tourism and Civil Aviation Viliame Gavoka, they released a stop order on Monday, and now Laucala is back to constructing a hanger that is worth about $30 million, and they have already spent $9 million.
