Fiji’s posture on Economic Freedom over the last decade makes it one of the easiest and safest places to invest and do business in the South Pacific—positioning Fiji as one of the largest beneficiaries of the tourism demand windfall post-covid and a prime destination for capital in the region. Aggressively lowering the cost of doing business, smart/light regulatory touch, and sound public infrastructure (particularly energy, telecommunication and transportation) are at the heart of the Fijian policy playbook.
Some significant #hotel announcements today in #Fiji. First the stately Grand Pacific Hotel in Suva will be renovated and rebranded as an InterContinental Hotels & Resorts, and work is already underway! Secondly, the fully renovated and refurbished Westin Hotels & Resorts in Denarau is on track, targeting completion for Q3 2024. Exciting news for Fiji with demand continuing, and additional sustainable investment and rooms a priority. https://lnkd.in/g6pUkrUA
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9moSo grand pacific is being sold?. I thought it was owned by fnpf and another png shareholder if I'm correct.