Former Labasa residents and Vunami Development Pte Limited directors Jitendra Chand and Suresh Mani are contemplating their next venture which includes the development of commercial and residential lots after opening a $1.1 million supermarket in Vuo, Labasa last month.
The establishment of a fuel station is also part of the expansion plans, all of which they said are geared towards improving services offered to the people in Labasa.
“Fiji has a favorable and conducive environment to start a business, and it was an opportune time for us to reintroduce ourselves to our community. Growing up in Labasa and later moving to Australia, I had always desired to return with the most promising investment plan that would enable me to provide services to my people,” Chand said.
The two directors and their strategic director Vijai Krishna Gounder believe that once completed the multimillion-dollar project will change the landscape of the area.
“The objective is to develop high-end properties, a pharmacy, and a fuel station to provide the locals with the same service that they might receive if they were abroad. We intend to uplift the standard of living for people in the northern side of Fiji and we are optimistic that we can soon evolve into something more, maybe expand to other parts of the country,” Chand said.
The two inspiring businessmen acknowledged Investment Fiji for playing a pivotal role in turning their business plan into a reality.
“Working along with Investment Fiji on this project has been so easy that it has made the process pleasant. It was incredible to note the amount of work done appropriately and diligently in so little time,” Mani said.
Investment Fiji Acting Chief Executive Officer Kamal Chetty commended the company directors for their tremendous trust in the local economy.
“This is a significant investment because there will be many benefits to help grow economic activity in the Northern Division,” Chetty said.
“Investment Fiji has always been at the forefront of business matchmaking and acting as a platform for expanding business activities between companies domestically and abroad. We have also been a pioneer in connecting aspiring investors to business partners, site selection facilitation, and conducting specialized market research. We believe it is crucial now more than ever to maintain mutually advantageous partnerships during these times of change.