To facilitate and attract local and international investors and qualifying residents to the Yaqara City, Yaqara Group Limited will ensure that adequate residential, commercial, educational and community facilities are in place as quickly as possible.

'State of the art' infrastructure and facilities for the audio visual industry is also critical to the overall success of the development.

The magnitude of the Yaqara City should be viewed in the context of its primary demand-driven model; the economic holding costs for the development are modest when compared to the global demand for tax incentive opportunities combined with life style benefits and affordable entry costs.

To execute the Yaqara City's First Stage development plan, the company will dominantly off-balance-sheet project finance development or invest parts of its land rights in joint venture developments, or through syndicated projects.

Creating the entry point for First Stage, the company has entered into a joint venture agreement with the principals of Australian based, financial consulting, property sales and marketing company, Ark Group Limited for the management of international residential land sales and marketing for the Yaqara City.

The company expects soon to appoint other, similarly qualified companies to market key First Stage developments for the Yaqara City.

Construction on the site commenced in August 2003 when the company sub-leased land to Telecom Fiji Limited for their of its V-Sat telecommunication project, however, the company has recognised the need to 'fast track' development within the Yaqara City through the delivery of crucial projects and facilities that will further stimulate investment from industry practitioners and independent developers.

Projects and facilities to be undertaken by the company or through joint venture partners under the First Stage development plan due to commence in the first quarter of 2005, currently includes:

• Audio visual business facilities including studios
• Residential housing
• Hotel and resort development
• Sports and tourism activities and venues
• Offices and commercial premises
• Recreational centres
• Educational facilities: Pre- School, Primary School, High School and an Audio-visual arts and IT University
• Retail and community support services

Plans

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	Existing site features  (6.6 MB)
	Existing site features assessment  (800 KB)
	Proposed zoning plan  (3.1 MB)
	Proposed groundwater plan (5.1 MB)
	Proposed project staging (2.2 MB)