Some upmarket development forges ahead in Fiji

[Stacey King]

ABC RADIO AUSTRALIA Updated May 18, 2010 08:13:09 Fiji's upmarket Naisoso Island development is progressing well, with most units being sold. But the same can't be said for the ***Natadola Bay Development Resort, which has cost more money than people thought. Natadola has recently made headlines following the news that Fiji National Provident Fund had to write off more than 320 million Fiji dollars of members' funds, most of which was invested in the Natadola development.

Presenter: Geraldine Coutts
Speaker: Campbell Cooney, Pacific Correspondent

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***Banaban Trust Fund has lost 1 million investment in the Natodola Bay Developmenet****