The iTaukei Land Trust Board (TLTB) is ramping up its land development initiatives, recently unveiling two newly completed residential subdivisions that are now available for purchase. Chief Executive Solomone Nata shared that the Board’s Estate Services Division has successfully developed the Vunitavola and Varavu subdivisions over the past year.
These new subdivisions come equipped with both tarsealed and gravel roads, as well as established electricity and water connections, signaling a significant leap in infrastructure for the region. The TLTB has assumed all development costs, aimed at benefiting the landowners directly. This strategic move is expected to lead to enhanced revenue prospects through individual residential leases once the lots are sold.
Nata underscored the TLTB’s dedication to ensuring financial sustainability for landowners, declaring, “We bear all the costs for the landowners, and these are ready for selling right now. We’ll recover the costs, and the landowners will receive a much better return from the practice of issuing individual leases for residential purposes in the area.”
Moreover, the TLTB has successfully secured around $1 million from the government dedicated to road construction on previously undeveloped excess land. Current and planned projects are set to take place in Kasavu, Navunibua, Nabulula, Navunisorua in Wailase, and Burenitu in Kasavu, further promoting infrastructure development.
These advancements aim to optimize land use, expand leasing opportunities, and improve financial prospects for iTaukei landowners, marking a significant positive transformation in local land management practices and community empowerment. The TLTB’s proactive approach not only enhances infrastructure but also fosters economic growth while supporting local communities.