Fiji to eradicate squatter settlements, build affordable housing - Capital Business
Connect with us

Hi, what are you looking for?

Managers of CRFG work at the construction site of FHL commercial building in Suva, Fiji, Oct. 7, 2020. (Xinhua/Zhang Yongxing)

World

Fiji to eradicate squatter settlements, build affordable housing

SUVA, Dec. 5 (Xinhua) — The Fijian government plans to develop 266 acres of land to pilot an affordable and climate-resilient housing project in the island nation, with the vision to eradicate squatter and informal settlements in the next 10 years.

Fiji’s Deputy Prime Minister and Minister for Finance Biman Prasad revealed this plan on Tuesday while attending the Roadshow for the Public-Private Partnership for the Affordable Housing Project in Australia.

Prasad said the government has earmarked sites in Davuilevu, Nepani, Wainibuku and Raiwaqa, and also in Tavakubu, Lautoka and Tavua to develop the first pilot project, which is expected to supply around 3,000 housing units that will be climate resilient, green and Category 5 cyclone compliant structures.

He said the government has started the bidding process, and they would like to select a private developer for the project, so they can commence the construction before mid-2024.

According to the People’s Community Network (PCN) Fiji, there are about 230 squatter settlements in Fiji.

Squatter settlements are a continuing major issue for Fiji as they are home to around 20 percent of the population of around 900,000 people.

Visited 25 times, 1 visit(s) today

More on Capital Business

Kenya

In a report titled The Kenyan Economy Through a Hayekian Lens, analysts argue that the government-backed housing project is straining investment in sectors such...

Kenya

The President says salaried workers will now pay 5 percent of the unit’s value, down from the previous 10 percent.

Kenya

The project will deliver a 580-bed student village equipped with essential amenities to support learning and improve student welfare.

World

Millions of families face heightened exposure to climate shocks, overcrowding, and economic instability, while mortgage access and infrastructure development lag behind rapidly expanding cities.

Companies

NAIROBI, Kenya, Jan 29 – One of China’s leading Engineering, Procurement and Construction (EPC) firms, Dalian CDS Solar Energy Technology Co., has partnered with...

Kenya

NAIROBI, Kenya, Jan 29 – Two Rivers International Finance and Innovation Centre (TRIFIC) has revealed plans to build a 22-storey Grade A office tower,...

Kenya

 NAIROBI, Kenya, Nov 5 – One of the things that can really kill the mood of a special occasion like a birthday or a...

Technology

OCT 14 – Google’s parent company Alphabet will invest $15bn (£11.29bn) to build an AI data hub in southern India’s Andhra Pradesh state. Click...