A sub-clan in Nadi is seeing a positive shift in business prospects thanks to timely government support. Last week, Deputy Prime Minister Manoa Kamikamica, who also serves as the Minister for External Trade, Co-operatives, Small and Medium Enterprises and Communications, presented a new excavator to Tokatoka Namara Development Pte Ltd in Nadi. This initiative marks a substantial advancement in promoting rural entrepreneurship and sustainable growth.
The addition of the excavator is expected to alleviate financial pressures on the company and boost its productivity. The firm has ventured into gravel extraction, tapping into local resources to establish a sustainable business that benefits members of Sikituru Village.
Mr. Kamikamica underscored the government’s dedication to ensuring equal opportunities for traditional landowners and commended the community’s initiatives in building a successful enterprise. He noted that the investment of $78,666.67, funded through the Integrated Human Resource Development Programme, reflects the belief in the potential of rural businesses to drive economic progress.
He also acknowledged the difficulties faced by micro and small businesses in securing financing, reaffirming the government’s commitment to exploring innovative funding solutions, including small offers and crowdfunding initiatives.
The new excavator will significantly improve their operational efficiency, leading to enhanced production levels and increasing local economic benefits. Mr. Kamikamica stated, “This event is a testament to the resilience and ingenuity of our rural people. Together, we reaffirm our commitment to fostering rural entrepreneurship and building a prosperous future for all Fijians.”
Company director Vilikisa Sayabo expressed gratitude to the government for their support. He explained that the business was established two years ago. Initially, they extracted gravel and purchased a truck but had to hire an excavator from a contractor. With government cooperation, they successfully secured the excavator this year, allowing them to double their production and increase their revenue.
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