The future of Fiji’s real estate sector is envisioned as a transformative landscape that transcends traditional construction. During the 6th National Real Estate Conference 2025 at the Sofitel Fiji Resort & Spa, Deputy Prime Minister and Minister for Trade, Manoa Kamikamica, emphasized the importance of reshaping communities and enhancing the equitable distribution of opportunities. “We are quite literally laying down the foundations of tomorrow,” he remarked, underscoring the sector’s role in shaping modern lifestyles and urban growth.
Kamikamica highlighted the encouraging recovery trajectory of Fiji’s economy, which has been gaining momentum since the setbacks of COVID-19. The economy recorded a growth rate of 3.8 percent, surpassing initial expectations of 3.4 percent, with projections from Westpac anticipating a potential slowdown that still sees the economy close to or above the 3 percent mark for the year. He attributed this recovery to strong performances in tourism, infrastructure investments, and bolstered investor confidence.
In a broader context, Kamikamica reiterated the government’s commitment to diversifying the Fijian economy and enhancing its resilience against global economic uncertainties. He called for sustainable practices within the real estate sector and flexibility to respond to challenges, particularly climate change. This is in line with ongoing reforms aimed at better training for real estate professionals, enhancing consumer trust, and improving industry standards, which were previously discussed in similar conferences focusing on responsible and forward-thinking approaches to real estate practices.
Furthermore, the Minister noted the pivotal initiatives being undertaken, including the automation of building approval processes that streamline approvals for construction projects. This modern approach is expected to reduce waiting times significantly, moving approval durations from several months down to as little as six weeks, ultimately fostering an environment conducive to faster investments and development.
The optimistic views expressed by Kamikamica reflect a hopeful trajectory for Fiji’s economy and its real estate sector. With a focus on community building, inclusive growth, and sustainable development, Fiji appears poised on the brink of a promising future where innovation and collaboration drive economic vitality. The collective efforts of government, private sector, and civil society stand to inspire confidence and create a more resilient, prosperous environment for all Fijians.
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