16 May 2007

Fiji Trade and Investment Board scuppers resort project

9:49 am on 16 May 2007

The Fiji Trade and Investment Board has cancelled the investment certificate of the Asia Pacific Resorts International Limited, or APRIL.

The Fiji Sun says the cancellation has been confirmed by the new chairman of the Fiji Trades and Investment Board, Sir James Ah Koy.

Sir James referred the newspaper to the chief executive of the Board, Leilun Khan, for further details.

APRIL's contract to provide consultancy services for the Natadola Integrated Resort Development Project being funded by the Fiji National Provident Fund with several hundred million dollars was cancelled recently, in controversial circumstances.