Vuvale Restaurants (Fiji) Ltd, the parent company of McDonald’s Fiji, is investing $25 million in a new retail and supermarket complex in Nadi.
Confirming the news, Managing Director of Vuvale Restaurants (Fiji) Ltd Marc McElrath said the project is expected to be completed by the end of this year.
“This development will bring a new shopping and retail experience for residents in Nadi,” McElrath said.
The company also plans to open a new McDonald’s outlet in Nakasi and develop another in Lami, with a distribution center already under construction in Lautoka.
“We are very confident with Fiji at the moment, there are a lot of construction currently underway in the country. We are hoping to bring in more new jobs and investments into the country that will hopefully translate into better standards for restaurants and food facilities in the country.”
Investment Fiji Chief Executive Officer Kamal Chetty welcomed Vuvale Restaurants continued investment in Fiji.
“This project is a significant example of the positive impact local direct investment can have on our economy,” Chetty said. “Local direct investment creates jobs, boosts economic activity, and contributes to the transfer of knowledge and expertise.”
Investment Fiji has played a key role in facilitating Vuvale Restaurants (Fiji) Ltd projects in Fiji.
Through continuous follow-up and communication with stakeholders regarding several bottleneck issues, Investment Fiji ensured all issues were solved, allowing Vuvale Restaurants (Fiji) Ltd to proceed with their development plans.
“We will continue to support and assist our investors with any issues that they might face with stakeholders,” Chetty said. “Their dedication to supporting our economic development is invaluable.”