FDB to finance multi-million international resort project

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The Fiji Development Bank (FDB) will be financing a multi-million international resort – the  Nawi Island Resort and Marina project operated by the Nawi Island Ltd. The first phase of the project will include the marina and dry docks, residential lot infrastructure, hotel site infrastructure and the model villas. The marina will accommodate vessels that are 10m to 60m in length with power and water to all berths, fuelling facilities for diesel and petrol, fire service pedestals, waste water pump out, ferry/tax pontoon and a marina office. In addition, the dry dock facility will cater for boat maintenance, repairs and safe harbouring. Likewise, it will include the hard stand facility, long-term dry storage and haul-out with a 75 tonne travel lift that will cater for up to 80% of visiting yachts and local craft including catamarans. Nawi Island Limited is one of the Fiji Development Bank’s largest projects to be financed in the northern division.

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