With the financial backing of the World Bank, the Coalition Government is not just utilizing resources but making investments for the future of Vanua Levu’s residents.
Prime Minister Sitiveni Rabuka expressed these sentiments during the official launch of the “Na Vualiku Program” at Wasawasa Lodge in Savusavu last night. The event was also attended by World Bank Fiji Country Manager Stephano Mocci, along with various Cabinet Ministers including Viliame Gavoka, the Minister for Tourism and Civil Aviation; Sakiasi Ditoka, the Minister for Rural and Maritime Development; Maciu Katamotu, the Minister for Local Government; Agni Deo Singh, the Minister for Employment, Productivity, and Industrial Relations; and Ifereimi Vasu, the Minister for iTaukei Affairs.
The Prime Minister acknowledged the role of the Ministry of Tourism and Civil Aviation in leading the implementation of this transformative initiative.
He noted that, in the past 18 to 20 months, more than 10 companies have chosen to invest in projects in Vanua Levu, as highlighted by Deputy Prime Minister and Minister for Finance Professor Biman Prasad. He emphasized the World Bank’s commitment of $400 million over the next decade to encourage economic growth in the Northern Division, stressing the importance of creating an investor-friendly environment through transparent and consultative policies, which includes infrastructure development and other essential activities that will significantly enhance the economy in Vanua Levu.
The Government’s focus is on a comprehensive strategy to elevate the economy, support its people, and secure a promising future.
Statistics reveal that half of Fiji’s population now resides in urban areas, highlighting the global trend of rural-urban migration. However, the Prime Minister remarked that addressing this issue is tied to the government’s efforts and their role as a development partner for the citizens.
Fiji’s population is notably young, with over half of the citizens under the age of 30. In the Northern Division, 63% of the population falls within the productive age range of 15 to 64, presenting a significant opportunity to leverage the area’s abundant natural resources and workforce for growth and development.