FIJI ALLOCATES FUND FOR PORT ON VANUA LEVU

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‘Look North Policy’ to spread development beyond Viti Levu

By Maneesha Karan SUVA, Fiji (Fiji Times, Nov. 30, 2011) – The allocation of FJ$9 million [US$4.8 million] to build a port of entry in Naduri, Vanua Levu will boost investment opportunities and activities in the north, says Tui Macuata Ratu Aisea Katonivere.

Ratu Aisea commended the Budget 2012 saying government was giving tangible support to the Look North Policy by approving the needed funds for construction.

He said there had been plans to build a port of entry on Vanua Levu since 2000.

[PIR editor’s note: Vanua Levu is the second-largest island in the country of Fiji, with close to 130,000 people spread throughout the island, in and between the two main towns, Labasa and Savusavu.]

"The Look North Policy is now turning into reality and is no longer an illusion, because now, the funds are there for the construction of a port of entry on this island and ground works are expected to begin soon," Ratu Aisea said.

"Creating a port of entry in the Northern Division will help create an enabling environment for the northern exporters and the quick access will encourage them to become competitive."

"The wait will soon be over for investors in the Northern Division after the construction of the port of entry because the north will start receiving ships in Vanua Levu whereas before goods were to be transported from overseas countries to Suva, then to Savusavu and then to Labasa."

He said exports and imports would be delivered on time with low freight costs.

Ratu Aisea said the port of entry would be located at the midpoint of Vanua Levu.

"It is a central place because it is not too far from Bua and the road to Savusavu is close-by.

"The people of the north will be able to produce goods to their potential because the port of entry in Vanua Levu will reduce the cost of doing business in the north," he said.

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