Fiji’s capacity to draw significant investments, such as the Hilton Garden Inn, signifies the confidence investors have in the nation’s economy, stated Deputy Prime Minister and Finance Minister Prof Biman Prasad. During a topping ceremony for the $75 million Phase 1 of the Hilton Garden Inn (HGI) project in Suva this week, Prof Prasad highlighted that this landmark initiative represents a pivotal moment for the Carpenters Group and is set to transform Suva’s tourism sector permanently.
The Suva HGI, executed by Carpenters Group in partnership with the renowned international hotel brand Hilton, is expected to include 178 rooms along with amenities such as a restaurant, bar, swimming pool, parking facilities, and backup power and water supply upon the completion of Phase 1 next August.
Prof Prasad emphasized that Fiji’s dedication to stable fiscal policies, economic reforms, and macroeconomic stability has bolstered its attractiveness as an investment hub. He remarked, “Investor confidence is vital for promoting sustainable development, and I assure you the Government will persist in prioritizing policies that encourage business expansion, enhance investor trust, and stimulate innovation.”
He encouraged other enterprises to take cues from the Carpenters Group and capitalize on the investment opportunities emerging in Fiji’s expanding economy.
Kunaseelan Subaratna, director of retail marketing at Carpenters Fiji Pte Limited, expressed pride in the company’s evolution and its recognition as a key player in shaping Fiji’s commercial landscape, positioning the nation as a leading destination in the Pacific and one of the world’s most alluring holiday spots.
“The topping off of the 178-room HGI Hotel will undoubtedly draw visitors, and we aspire for our development to establish a new standard in the country, region, and globally,” he said.
Subaratna also noted the brand’s suitability for bolstering business travel, particularly in Suva, which is positioning itself as a center for diplomatic activities in the Pacific.