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Investment in the Suva Market and Bus-Stand Complex Project justification

Investment in the Suva Market and Bus-Stand Complex Project justification. Professor Wadan Narsey Director of Employment and Labour Market Studies (ELMS) Pacific Institute of Advanced Studies in Development and Governance (PIAS-DG) The University of the South Pacific 2004. Summary.

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Investment in the Suva Market and Bus-Stand Complex Project justification

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  1. Investment in the Suva Market and Bus-Stand ComplexProject justification Professor Wadan Narsey Director of Employment and Labour Market Studies (ELMS) Pacific Institute of Advanced Studies in Development and Governance (PIAS-DG) The University of the South Pacific 2004

  2. Summary Current situation a disgrace The development objectives met by proposed project Essential guiding principles for new complex Possible sources of financing Current process and stage of development How take the process forward

  3. Paradox of current disgraceful situation Saturday mornings: parking problems and delays Huge over-crowding: spill-over into car-park Mess: dark, smelly Farmers suffer rain, sunshine, mud, wind: the tarpaulins Contrast with wharf areas: space, govt.funding: all to facilitate imports. Why do we treat our own rural producers thus? Development objectives of rural development, fostering agriculture, fostering indigenous resource owners?

  4. The development objectives Aimproving marketing facilities for rural dwellers encouraging rural development fostering rural employment fostering rural incomes (d) reducing poverty (e) improving income distribution (f) fostering welfare of the resource owners (g) reducing rural:urban drift, squatting, crime in urban areas

  5. Development objective BFacilitating local foods (agricultural and marine) (a) good nutrition objectives, improving health, well-being and productivity of nation, reducing illnesses, and health care costs reducing cost of living for urban dwellers (esp. those who use bus services (c) preserving traditional food cultures and varieties: crucial in battle against ill-effects of globalisation reducing imports and foreign exchange leakage, saving foreign exchange (e) increasing domestic multiplier effect of all investment and consumption expenditure

  6. Development objectives C: ensuring complexhelps rural dwellers with urban services (a) registration (births, deaths, marriages, titles) (b) NLTB, FAB, other institutions (c) Payment for public services: electricity, telephone, water (d) private essentials: medical, pharmacy, supermarkets. (e) rural children's services: library, Internet: reducing rural:urban gaps in information and ITC

  7. Other development objectives Fostering Fijian architecture and design icon for the Capital City Great tourist attraction unparalleled in Pacific Genuine multi-racial economic inter-dependence (and "win-win" situations) between different racial groups, with largely Fijians as producers and suppliers and others as buyers. Creation of sound income generating opportunities for SCC: restaurants, other services, etc Meets government’s public sector investment criteria Ideal partnership between Central government, local government, and external donors.

  8. Justification of sources of capital financing Urban consumers via SCC: City Rates: self-interest Government: project meets broad development objectives Donors: meets donor objectives in development Other financial institutions?

  9. Possible sources of recurrent financing Farmers user pays principle Urban consumers: via parking fees Commercial transport: fees Renting agencies: private, government and statutory

  10. Current state of play A feasibility study and report prepared (but not by open tender) Main objective of this study was to “make a choice between the existing market site in the CBD and the Market site at Raiwaqa” The study made the sound conclusion that the interests of the farmers, consumers and City lay in developing Suva site The study made suggestions on how the Suva Market and Bus Stand site could be developed, with broad outline of a possible architecture and layout, catering to traffic concerns, but…

  11. Weaknesses in current proposal Suggested design, architecture and layout not conducive to Government or donor financing Lack of unique Fijian architecture for large dominant building on sea front Commercially weak: fails to take advantage (on second level) of Suva sea-front (cf Darling Harbour promenades in Sydney) Neglects alternative commercial uses of the space during the week for sale of goods (produce, handicrafts, and general stalls) Need for large open internal space for “gatherings” and meetings.

  12. If Cabinet SCI approves project Approve “seed capital” out of 2005 and 2006 Budgets: perhaps a third ($15 millions) of the possible capital cost (approx. $45 millions) Set up Market Project Implementation Committee: Ministry of Finance & Planning, Ministry of Urban Development, SCC, WN MPIC to determine overall specification of the Suva Market and Bus Stand Complex) in keeping with the development objectives Call for open tenders for design and costings. Seek donor funding (project justification to be provided them)

  13. Generalisation of project Examine the extent to which Suva Market project may be extended to all other urban centres Initiate project identification for all other concentrations of urban population: Sigatoka, Nadi, Lautoka, Labasa

  14. Thank you Questions and comments

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