Vision Investment Ltd has opened a subsidiary in Papua New Guinea under the name Vision Home centres Limited.

A release to the South Pacific Stock Exchange says this is in line with the Company objectives to expand operations into regional markets.

A long term lease has been signed to secure a space in a highly preferred retailing complex in Waigani.

Business is expected to begin no later than February 2017.

The Vision Group is one of Fiji’s largest investment companies with interests in retail goods and motor vehicle sales as part of its portfolio.