The construction of a new $70 million 5 – star hotel to be built on Denarau Island will boost Fiji’s position as a premier holiday destination.
hotel is part of a consortium between InterContinental Hotels Group and Avoser Limited.
The signing of the Property Management Agreement took place yesterday afternoon at the Intercontinental Fiji Golf and Spa Resort for the proposed resort, which is expected to complete construction after two years beginning from this year. A highlight of the resort will include a retail outlet.
The Minister for Industry, Trade and Tourism Hon. Faiyaz Koya who was the chief guest at the signing welcomed the investment into the tourism sector.
“We want our visitors to come to Fiji and enjoy our hospitality and not just stay in the hotels but go out and spend in our stores. Therefore, such high-end retail and commercial developments are crucial for the growth,” the Minister said in response to the construction of the resort and the retail outlet.
“One day we want these high-end retail outlets to feature exclusive, authentic Fijian crafted items, as our domestic duty free outlets are currently retailing. It will be the perfect partnership of international brands working with domestic brands.”
“Whilst we provide the best and friendliest services, we need to ensure that we are able to cater to our markets needs in terms of extra activities, especially high-end shopping. It is very encouraging to see Fijian entrepreneurs entering the tourism and hospitality sector,” Hon. Koya said.
The project will create 250 new jobs during the construction phase and 180 Fijians will be employed by InterContinental Hotels Group when the Resort opens for business.