Investment Fiji has identified several key developments in Labasa that is under construction whilst a number of these projects are nearing completion soon in2025.

These developments will create more employment opportunities and increase the local economic activity as well as boost surrounding businesses.

Deputy Prime Minister and the Minister for Trade, Co-operatives, Small and Medium Enterprises and Communications, Honorable Manoa Kamikamica said, Labasa is undergoing a remarkable transformation, reflecting the surge in both local and foreign investments across the nation.

“These developments are a direct result of the Government’s sound and stable economic policies, which have created a conducive environment for business growth, infrastructure expansion, and job creation,” he said.

“Despite global economic challenges, Fiji continues to attract investors, a testament to confidence in the country’s governance, policy direction, and long-term economic vision.”

“The Government’s commitment to strengthening key sectors—trade, tourism, manufacturing, and agriculture—has paved the way for increased capital inflows and sustainable economic progress,” he added.

A few of these key developments are being headed by some of Fiji’s very own leading businesses.

One such company is Carpenters Properties Pte Ltd which is constructing a new $2.9 million Commercial Building Lot within the town area.

Similarly, Vision Investment Pte Ltd is also developing a $3.9 million Commercial space for Courts Mega.

Contributing to the growth of Labasa is Vinod Patel & Co Pte Ltd which is developing a $6 million Double Storey Commercial Building whilst Vcorp Ltd is constructing a$2 million double-storey commercial complex.

Additionally, a few of these key projects are within the tourism sector, such as Vualiku Hotel developing a $10 million hotel, restaurant and a bar.

Likewise, the R. B Patel Group is developing an accommodation and commercial complex for Labasa as well as a service station.

Adding to Labasa’s tourism sector is Damodar North Pte Ltd’s new $6.5 million hotel the 40-room the Ramada Encore by Wyndham as first international brand hotel in the town. Together with the Damodar City Labasa’s $40 million complex it has become a business center for Vanua Levu.

Orange Coast Investments/Charan Jeath Singh Group is extending their hotel, which is set to be complete in 2025 valued at $5 million.

In terms of prime industrial sites, Parmod Enterprises PTE Ltd has also invested $4.5 million in 30 lots located in the vicinity of Labasa Town.

The NaVualiku Tourism Development investment of USD $200 million over the 10-yearperiod Phase 1 has commenced which will set Vanua Levu as a tourism destination.

The construction of the new $8 million terminal building for Labasa Airport at Waiqele enforces the Government’s commitment in enhancing the infrastructure in the area.

The underground optic fiber cable investment by Telecom Fiji over the past twoyears has also paved the way for improved network connectivity.

There are a few proposed development projects in Labasa as well, some of which include FMF Limited’s new Warehouse, and a Blue Gas depot.

Motibhai and Company Limited’s also plans to develop a new $7 million distribution center, which will allow the business to better service customers in the northern region and support Proud’s Retail business.

Investment Fiji Chief Executive Officer Kamal Chetty, said the development and upgrade of infrastructure is crucial to meet the growing investments.

“Once these projects start operations as some of which is set to open in 2025 we will surely see Labasa become a hub of activities,” he said.

“Surely these are exciting times for the people not only in Labasa but surrounding areas as well, as standards and services improve.”

Chetty emphasized the agency is aware of the challenges facing businesses, such as higher freight costs, labor shortage, infrastructure needs as well as increasing constructions cost to name a few.

However, Investment Fiji plays an integral role to collaborate with various companies and Government to address these issues and help facilitate to move these projects off the ground.

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