Landowners gain economic ground with new plaza

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A frontal view of the iTaukei Plaza Dua in Lautoka. Picture: REINAL CHAND

A new chapter in iTaukei economic empowerment has begun with the launch of Taukei Plaza Dua — TLTB’s first commercially acquired property under its new business direction.

The iTaukei Land Trust Board (TLTB) marked the historic milestone in Lautoka with the official opening of the plaza, alongside the launch of its new commercial arm, Qelemaroroi Holdings Pte Ltd.

The initiative represents a strategic move by TLTB into commercial development, aimed at enhancing the economic prospects of iTaukei landowners through property investment and commercial ventures.

In his address, Prime Minister Sitiveni Rabuka said that years from now, children would remember this significant moment.

“The day that this plaza was opened, when a new venture was established,” Mr Rabuka said.

“It will be a turning point in our journey as iTaukei.”

TLTB CEO Solomone Nata said the last time the board purchased a property was in 1948.

“Today, we are not only unveiling a building, but we are unveiling a vision,” Mr Nata said.

“The future where landowners are actively participating, not only in providing their land but their active participation in the economy through the sharing of wealth.”

He said the opportunity only came about because of recent political changes, and acknowledged the Prime Minister for creating platforms to benefit landowners.

The TLTB North-West team has moved into its new office space at the plaza, with 12 additional offices now available for rent. A second building, Taukei Plaza Rua, is expected to open soon in Namaka, Nadi.