Lomaiviti Province Eyes Expansion in Property, Tourism, and Fisheries

Lomaiviti Province is charting a course for significant commercial expansion, focusing on property development, tourism infrastructure, and fisheries investment to boost income opportunities for its residents. The provincial council is actively working through its business arm, Lomaiviti Holdings, to enhance its operations and leverage existing assets, particularly in Levuka.

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this includes plans to expand into Suva through either a joint venture or a stand-alone development, with discussions underway on establishing another Lomaiviti House in the capital.

Provincial Council chair Samuela Vadei outlined plans to extend the province's reach into Suva, the capital. These plans involve either a joint venture or a standalone development, with ongoing discussions about establishing another "Lomaiviti House" in the city. The province is also pursuing the revival of the "Bula Cakau" initiative, a collaborative project with Bua and Cakaudrove provinces, for which land has already been identified for a proposed development.

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discussions are also underway with the government over the possible transfer of shares in Pafco Pacific Fishing Company to Lomaiviti Holdings.

In the fisheries sector, Vadei indicated that discussions are progressing with the government concerning the possible transfer of shares in Pafco Pacific Fishing Company to Lomaiviti Holdings. The government currently holds a majority stake, but a portion of these shares could be transferred to the provincial company. Additionally, the province is eyeing development in the Nasova area, where government-leased land might be transferred for accommodation projects.

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Levuka is facing a shortage of accommodation, while the town’s heritage status limits new construction within the historic township. Because of that, future developments are expected to be concentrated outside Levuka.

Levuka, the provincial capital, faces a shortage of accommodation, and its heritage status restricts new construction within the historic town. Consequently, future developments are expected to be concentrated in areas outside Levuka. Vadei also highlighted the importance of repairing the Levuka Wharf to support tourism and economic activity. Poor wharf conditions have deterred tourist boat visits in recent years, and improvements are anticipated to attract more vessels, thereby increasing visitor numbers and revenue for the province.

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Poor wharf conditions have affected tourist boat visits in recent years, but improvements to the facility are expected to encourage more vessels to return, bringing more visitors and income into the province.