19 December, 2025, 3:55 pm Central - 24°C Rain

Damodar Group of Companies secures funds for major project in Labasa

Damodar Group of Companies secures funds for major project in Labasa

By Dhanjay Deo
02/12/2020
Damodar City complex under construction in Labasa.

The Damodar Group of Companies says the construction of the Damodar City complex in Labasa did not take place for two months as the company was sorting out its refinancing.

Manager Projects and Development and leasing officer, Cornelia Smith says Phase 1 completion work will re-commence in the next few weeks as the company has secured refinancing for Phase 2 of the project.

In Phase 1, a large supermarket, a variety of speciality stores, hair and beauty outlets, a bakery, restaurants, kids play area and car park are being constructed.

The second phase will see the construction of the cinema, food-court, and additional retail shops. Construction for the supermarket wing is expected to be completed by mid next year.

Smith says interest in Damodar City Labasa is still high and there are many enquiries for space.

FEATURE NEWS
FCCC CEO defends independence after Ro Filipe expresses dissatisfaction on EFL tariff increase
Fijian Competition and Consumer Commission Chief Executive Officer, Senikavika Jiuta says the Commission is an independent body, following Minister fo...
30 minutes ago
LATEST NEWS
Mandatory TIN Requirement for mobile wallet accounts due 31st Dec - FRCS
People are being reminded by the Fiji Revenue and Customs Service that a valid Taxpayer Identification Number (TIN) is a mandatory requirement ...
4 minutes ago

Year 13 students urged to obtain university final offer letter and complete application
The Tertiary Scholarships and Loans Service is encouraging Year 13 students to liaise with their preferred choice of tertiary education institution ...
21 minutes ago

Tamavua mum wins first prize at Navtarang Bake-Mas with sand-baked cake
Family support and tradition proved to be the secret ingredients behind Neelam Ashika Kumar’s winning entry at the Navtarang Bake-Mas competition, ...
1 hour ago

Bondi hero receives AUD$2.5 million cheque in hospital bed
Ahmed al Ahmed has received a novelty cheque for more than AUD$2.5 million raised by more than 43,000 worldwide donors, inspired by his extraordinary ...
3 hours ago

Health Ministry works with Ministry of Public Works to repair Navua Hospital
Following ongoing challenges at Navua Hospital, including the closure of its labour, general, and maternity wards since May this year, the Ministry ...
3 hours ago



Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Fiji needs to act on human trafficking indicators associated with Grace Road Group
The United States has expressed serious concern about human trafficking indicators linked to the Grace Road Group in Fiji, as highlighted in the 2025 ...
21 hours ago

Human trafficking allegations and issues relating to Grace Road Group
Human trafficking allegations and concerns linked to the Grace Road Group/+ARTICLE-311061+ARTICLE/PM says Govt cannot interfere into any human ...
1 day ago

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 ...
7 days ago

TOP