The Hilton Garden Inn Hotel project by Carpenters Group Fiji officially commenced yesterday with the launch of its first phase. Deputy Prime Minister and Minister of Finance Professor Biman Prasad highlighted that the $75 million investment underscores the vital contribution of the private sector towards economic growth and development in Fiji.
Situated at the Suva Foreshore, the initial phase of the project is expected to be finalized by August 2025. Steven Tucker, director of the construction management firm Sinclair Brook, noted that the entire project is divided into three phases, with completion anticipated within a five-year timeframe.
Tucker indicated that the next stage, which will focus on retail development, is projected to cost around $80 million, while the second hotel phase is estimated at approximately $120 million, subject to changes. He confirmed that the project is wholly funded by private investors without any donor support.
Professor Prasad mentioned that the building will feature 178 rooms, alongside amenities including a restaurant, bar, swimming pool, and parking facilities, as well as backup power and water supply. The subsequent phase will involve waterfront retail development, aimed at attracting both local and international retailers.
He emphasized that Fiji’s appeal for large-scale investments, such as the Hilton Garden Inn, reflects the confidence investors have in the country’s economy. Prasad attributed this confidence to the government’s commitment to sound fiscal policies, economic reforms, and maintaining overall economic stability, which make Fiji a competitive and attractive investment destination. He further acknowledged the government’s efforts in creating a favorable environment for private sector investment, involving various private sector representatives in their task force committees to leverage their expertise.