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Residents of Nasese are expected to see a boost in business activities with the opening of the iTaukei-owned Vanuabalavu House on Friday.
The $3.2 million building is wholly owned by Vanuabalavu Vision Ltd, a company owned by the Tikina Mualevu and Lomaloma peoples.
Chairman of the company’s board of directors, Saimoni Vuatalevu, said this was a milestone achievement for the company and Vanua Levu as a whole.
“Today is a day of celebration; we are here to celebrate and honour the company’s achievements,” Mr Vuatalevu said.
“Witness its efforts to prosper, succeed in its business operations and maintain stability in the commercial sector.”
Mr Vuatalevu said the opening of Vanuabalavu House marked a milestone in the company’s vision and plans.
“Vanuabalavu Vision Ltd has only been established for five years so far and we are proud of what we have achieved in such a short period of time.
“The company grew on the shoulders of its founders, and we should pay tribute to them.”
He said the two-storey building has potential office space and other commercial space.
Mr Vuatalevu expressed his gratitude to Clearview Architects & Boutique Builders, led by Ulaiasi Baivatu, for turning this vision into reality.
He said Mr Baiwatu and his team completed the construction in less than a year and despite many changes, the initial budget did not increase significantly.
Mr Vuatalevu urged other provinces and territories to engage in business activities for the benefit of future generations.
He said the notion of “Duri ga me davo”, or the misconception that businesses owned by native Fijians usually end up going bankrupt due to a number of factors including poor management, should not be encouraged.
“I don’t like that statement; that’s not who we are, we have to change the narrative of iTaukei business.”
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