Pacific / Fiji

Fiji super fund spends up on tourism

20:33 pm on 9 June 2015

The Fiji National Provident Fund is investing more than $US105 million dollars in tourism sector projects that could boost the economy.

Ever have the feeling that you are not where you want to be? Photo: RNZ / Johnny Blades

The Fiji Times reports the chief investment officer Jaoji Koroi saying these include the completion of the 250-room Marriott Hotel in Momi, the first phase of the residential lots in Natadola and the Holiday Inn refurbishment.

He says these investments will generate new and additional revenues and increase profits that can be paid to members.

The fund has shares in hotels such as the Grand Pacific Hotel, Holiday Inn, and InterContinental Fiji Golf Resort & Spa.