Fiji tourism on the island of Vanua Levu is expected to get a boost from a new 42-million US dollar five star waterfront development in Savusavu.
The project is a joint venture of Kilowen Fiji Limited, the state-owned Fiji Investment Corporation, the Kontiki Growth Fund and the Fiji National Provident Fund which is funding a loan for the harbour-side development.
The village will have 300 waterfront villas, an 86-berth marina for yachts and a harbour-side building with 14 luxury apartments, shops, offices and a supermarket.
The chairman of Kilowen, Robin Irwin, says stage one has already begun on the development which he says is ideal for the small seaside town.
"Now the concept is that it's based around a leisure harbour, where the people have come to do nautical tourism basically. It's a marina village and it's all to do with people interested in boats and who want to have a house on the waterfront."
Robin Irwin says the New Zealand company, Hopper Development, has taken an interest in the project as well.