The iTaukei Land Trust Board (TLTB) is enhancing land development initiatives, introducing new residential subdivisions for sale and advancing infrastructure projects in agricultural regions. Chief Executive Solomone Nata announced that the Board’s Estate Services Division has successfully completed two fully serviced subdivisions, named Vunitavola and Varavu, over the past year.
These subdivisions feature essential infrastructure such as both tarsealed and gravel roads, with electricity and water services already established. Nata emphasized that TLTB has completely financed the development costs on behalf of the landowners, underscoring the benefits of this initiative. By supporting these developments, landowners are positioned to achieve greater returns through the future issuance of individual residential leases once the lots are sold.
“We cover all the costs for the landowners, and these properties are ready for market now,” Nata mentioned. “We will recover the costs, and the landowners will benefit significantly from the individual leases for residential purposes in the area.”
Additionally, TLTB has been allocated approximately $1 million from the government to facilitate the construction of roads on previously undeveloped excess land. This funding is aimed at improving connectivity and accessibility in areas such as Kasavu, Navunibua, Nabulula, Navunisorua in Wailase, and Burenitu in Kasavu.
Nata highlighted that these developments are not only intended to optimize land usage but also to create more lease opportunities, ultimately ensuring stronger financial benefits for iTaukei landowners. With this proactive approach, TLTB is paving the way for economic growth and sustainability within the community, fostering a brighter future for landowners and their families.
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