Advertisement
Your Brand Here
News Business

Damodar Group of Companies secures funds for major project in Labasa

Damodar Group of Companies secures funds for major project in Labasa
Damodar City complex under construction in Labasa.

The Damodar Group of Companies says the construction of the Damodar City complex in Labasa did not take place for two months as the company was sorting out its refinancing.

Manager Projects and Development and leasing officer, Cornelia Smith says Phase 1 completion work will re-commence in the next few weeks as the company has secured refinancing for Phase 2 of the project.

In Phase 1, a large supermarket, a variety of speciality stores, hair and beauty outlets, a bakery, restaurants, kids play area and car park are being constructed.

The second phase will see the construction of the cinema, food-court, and additional retail shops. Construction for the supermarket wing is expected to be completed by mid next year.

Smith says interest in Damodar City Labasa is still high and there are many enquiries for space.

Stay tuned for the latest news on our radio stations

CFL radio frequencies
Advertisement
Your Brand Here
LIVE SCORES
Fiji 21–19 NZ Cup final · FT
Fijiana 24–12 Australia Semi-final · FT
Ba 2–1 Lautoka IDC · FT
Rewa 1–1 Suva League · FT
Drua 27–24 Chiefs Round 8 · FT
Crusaders 22–20 Blues Round 8 · FT
India 278/7 Australia ODI · FT
NZ 198/6 England T20 · Live