The Public Rental Board has approached the Suva City Council and government for the re-zoning of Raiwaqa and Raiwai.
PRB Board member, Ratu Jo Nawalowalo said that the rezoning is part of their plan where the Rental Board is looking at revamping the two areas into a viable commercial area.
Nawalowalo said that with the $20 million loan from the EXIM Bank of China, Raiwaqa and Raiwai will undergo a face lift where they are looking at declaring the area a town.
The $20 million soft loan from the Exim Bank is part of the $70 million that was approved by the Chinese Government for affordable housing in Fiji.
Under the conditions of the loan, $50million would go to the Housing Authority of Fiji with $20million to PRB.
In 2008, after the demolition of the four storey flats in Raiwaqa the families were moved to Davuilevu and other areas.
Nawalowalo revealed that this space would now be used for multi-storey complexes.
Last week, the Housing Authority signed a contract with China Railway Company for the construction of 900 housing units and 1050 single lots between Nepani and Tacirua East Stage Stage 2.
PRB approaches for re-zoning of Raiwaqa, Raiwai
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