News

TLTB works with ADB to improve land price index

May 3, 2019 3:39 pm

TLTB Chief Executive Officer, Tevita Kuruvakadua [Source: Fijian Government]

The iTaukei Land Trust Board is working closely with the Asian Development Bank to improve its land price index.

This also includes offering more convenient processes for tenants and probable tenants.

This was revealed by TLTB Chief Executive, Tevita Kuruvakadua at an ADB Fiji session titled “Digital Solutions for a More Livable Future in the Asia and Pacific” in Nadi.

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Kuruvakadua says the ADB has been providing technical assistant such as data cleansing and digitizing processes.

This digitized land strategy will include a blockchain prototype for TLTB to have an online service platform and a dashboard to retrieve and compare rent prices within surrounding localities.