The Fiji Roads Authority has reported total assets valued at $13.4 billion, according to its annual report for 2020-2021, which was recently presented in Parliament.
The report outlines that these assets encompass all of Fiji’s roads, bridges, and jetties. It notes, “This includes the land that our assets occupy, along with associated infrastructure such as drainage systems, street lighting, traffic signals, and other street amenities.”
Additionally, the report identifies buildings, vehicles, and operational equipment as part of the asset inventory, all of which are managed and maintained under consistent standards.
These assets, according to the latest estimates, are valued at over $13.4 billion, positioning Fiji’s road and maritime network as the country’s most significant built asset.
The Fiji Roads Authority was established in 2012 to effectively manage and develop the nation’s road network and became fully operational on January 1, 2013.