$174.2m value of construction activity in September 2025 quarter

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The newly-opened refurbished Yatu Lau Arcade building that was opened last month. The arcade was closed in 2024 to allow for the multimillion-dollar facelift. Picture: TIMOCI VULA

The total estimated value of work put-in-place for the September quarter of 2025 was valued at $174.2 million, the Fiji Bureau of Statistics reported in its construction statistics.

The total value of work put-in-place increased by 21.4 per cent ($30.7m) when compared to the June quarter last year.

Fiji Bureau of Statistics chief executive officer Kemueli Naiqama said the total value of work put-in-place had increased by $46.5m (36.4 per cent) when compared to the September quarter of 2024.

He said the value of work done represented $93.3m (53.6 per cent) contributed by the private sector and $80.9m (46.4 per cent) from the public sector.

In its December economic review, the Reserve Bank of Fiji (RBF) said despite the decline in the number of completion certificates issued (-25.1 per cent), the value of certificates was significantly higher (167.8 per cent) cumulative to the third quarter.

In the same period, it stated the value of work put-in-place also expanded (20.4 per cent).

The RBF stated that those increases reflected higher building costs earlier in the year and the execution of high value projects during the year.

It added that although building material prices declined in the last two quarters of 2025, it remained higher on annual basis (0.9 per cent).

“The number of building permits issued, a forward-looking indicator of construction activity grew (10.4 per cent) although the value of permits fell (-3.6 per cent) up to the third quarter,” the central bank stated.

“Imports of prefabricated building materials and other building items rose (43.5 per cent) up to October, supporting improved construction activity and reflecting cost saving measures.”

The RBF stated that in the year to November, new loans for investment purposes declined (-0.2 per cent) due to lower lending to the building and construction sector (-15.3 per cent), while lending to the household (16.0 per cent) and real estate sectors increased.