THE future of Fiji’s real estate sector is not just about bricks, mortar and buildings.
“It’s about shaping the way and how people live, how we grow cities, how investment flows and how opportunity is distributed,” said Deputy Prime Minister and Minister for Trade Manoa Kamikamica while addressing the 6th National Real Estate Conference 2025 held at the Sofitel Fiji Resort & Spa last week.
“We are quite literally laying down the foundations of tomorrow,” Mr Kamikamica said.
While reflecting on Fiji’s current landscape, Mr Kamikamica said the economy had been growing quite well since recovering from COVID-19.
“We have been growing above our national average.
“Recent suggestions, particularly by Westpac, have mentioned that there may well be a slowdown in the economy driven by obviously the trade war that’s currently happening in the global economy.
“But having said that, we ended up at around about 3.8 per cent.
“The initial projections for this year was 3.4 per cent.
“Westpac has sort of projected 2.7per cent.
“I’m still confident, though, that with the right settings, with the right pushing of the right economic levers, we may well finish above three.
“And that’s certainly the posture that your government is taking.
“The recovery, of course, is no secret.
“It’s built around very strong tourism performance, growing infrastructure investment and renewed investor confidence.
“One of the things that you will see, hopefully that will become apparent is the desire to broaden out the Fijian economy and diversify it a lot more.”
