Some 690 hotel rooms are nearing completion while around 726 rooms are in the early stages of construction.
This was highlighted by Investment Fiji chief executive officer Kamal Chetty during the opening of the New Zealand Fiji Business Mission (NZFBM) 2026 at the Tanoa Plaza hotel in Suva last week.
“These 690 rooms currently nearing completion are spread across specific projects and are at an advanced stage, with construction progress sitting between 71 per cent and 80 per cent,” Mr Chetty said.
He said that some of those rooms would be ready to open later this year, while others would come online next year.
Mr Chetty said the 726 rooms were in the early construction phase across eight projects.
Those developments, he said were projected to progress through the construction cycle and come online over the next two to four years.
He added there was a total of 55 tourism projects, including accommodation, cultural activities and experience-based activities.
He said from those 55 projects, 36 of them were from foreign investors and 19 were from domestic vendors.
He said 18 of those projects were under construction and was expected to bring 1431 rooms; 26 are pre-developed projects which is expected to bring 2476 rooms; while 11 are on conceptual stages.
He said most of those projects were in Nadi and the Western Division because of the tourism nature of the projects.
Meanwhile, Investment Fiji chairman Filimone Waqabaca said Fiji’s economy was seeing a strong momentum.
He said Investment Fiji was actively managing a pipeline of 254 projects worth $8.8 billion.
He said from the 254 projects, Investment Fiji was actively supporting 11 major projects with a combined value of $1.2 billion, which was expected to see progress over the next few years.
He said that Fiji’s story was shifting from recovery to resurgence, with significant growth and new investment lending up by 78.6 per cent.
“We are deepening the Fiji–New Zealand ‘Duavata’ partnership. This goes beyond simple transactions – it is about moving toward a strategic, long-term commitment where New Zealand businesses view Fiji not just as a destination but as a regional production hub and investment partner,” Mr Waqabaca said.
He has encouraged growth in sectors like tourism, agritech, manufacturing, and green energy.
