Damodar Group to invest $80m in Nadi

The Damodar Group is set to invest $80 million in a significant new commercial development in Nadi, Fiji. The project, dubbed Damodar City Nadi, is slated to commence construction by mid-2027 and will feature a modern lifestyle and commercial hub.

This multi-million-dollar development will include retail outlets, entertainment facilities, hospitality services, personal services, and community spaces. It will be situated along the Denarau Bypass Road. Group Chief Executive Div Damodar highlighted that the investment will be carried out next year.

Fiji's Finance Minister Esrom Immanuel views this investment as a strong indicator of private sector confidence in the nation's economy and its appeal for long-term investment. The development is projected to generate more than 600 jobs across a range of fields, including construction, retail, hospitality, technology, logistics, facility management, and professional services.

"An investment of $80 million is far more than just steel, concrete and modern architecture. It is a resounding vote of confidence in the Fiji economy," Immanuel stated. He added that Damodar City Nadi will serve as more than just a shopping destination; it will be a modern economic hub. The project is expected to bolster Nadi's role as a key economic center, provide support for local businesses and entrepreneurs, and yield broader economic advantages for communities in the Western Division.

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An investment of $80 million is far more than just steel, concrete and modern architecture. It is a resounding vote of confidence in the Fiji economy. Damodar City Nadi is more than a shopping and commercial destination, it is a modern economic hub.