Business

Real estate sector is critical: Kamikamica

January 28, 2023 12:22 pm

Minister for External Trade Manoa Kamikamica [3rd from right] while officiating at the official launch of Rialto Properties. [Source: Fiji Government]

Simple systems and processes are required to generate real estate investments, as the real estate sector is critical to an economy’s growth.

This has been highlighted by Minister for External Trade Manoa Kamikamica while officiating at the official launch of Rialto Properties.

Kamikamica adds that the real estate industry fuels economic growth creates jobs, and is a vital link between multi-faceted sectors.

Article continues after advertisement

He says there are a wide range of opportunities and concerns in relation to consumers, from salespersons to real estate agents.

“I want to assure everyone that punitive measures are not the way we want to go, it will just be monitoring and partnership and try to ensure that industry standards and consumers are protected.”

Kamikamica says a tripartite approach is what the government wants.

He adds that it is vital to collaborate with the industry to find ways to win consumer confidence when purchasing or selling a home.