Government of the Republic of Fiji

04/27/2024 | Press release | Distributed by Public on 04/27/2024 06:32

ASSISTANT MINISTER OF THE OFFICE OF THE PM HON. SAKIUSA TUBUNA'S SPEECH AT THE NADONUMAI HOLDINGS...

Theme: "Marking Milestones, and Embracing Growth"

Turaga na Tui Suva;
Excellency the Ambassador of the European Union
Excellency the High Commissioner of Vanuatu;
Chief Executive of NCI New Zealand;
Honourable Ministers;
Distinguished Guests;
Ladies and gentlemen;

Ni sa bula Vinaka.

I am delighted and deeply honored to be here tonight, representing The Right Honourable Prime Minister, who extends his heartfelt apologies for his absence due to unforeseen work obligation.

This evening's gathering, hosted by the Nadonumai Holdings Ltd., signifies a pivotal moment in the remarkable journey of this indigenous company.

First and foremost, I want to extend my heartfelt congratulations to the Turaga na Tui Suva, Chairman of the Nadonumai Holdings Limited, Board members, and entire team of the company for their outstanding dedication, innovation, and perseverance over the past 25 years. Your commitment to excellence has not only propelled the company to great heights, but also served as a shining example of what can be achieved through hard work, vision, and determination.

The success story of Nadonumai Holdings Ltd is one that truly inspires everyone. From humble beginnings to becoming the proud owner of a 10-storey building, the Suvavou House, that has been generating income for a quarter of a century, Nadonumai Holdings Ltd. has demonstrated the power of indigenous entrepreneurship, and potential partner in any business investments.

By leveraging the opportunities presented by our thriving economy, Nadonumai Holdings Ltd. has expanded its portfolio with the acquisition of three more properties, further enhancing its assets and impact, with esteemed new tenants to its properties, namely Excellencies the EU Ambassador, Vanuatu High Commission Office, and NCI of New Zealand.

Moreover, I am delighted to hear about Nadonumai Holdings plan to embark on the construction of a new storey building, behind the Suvavou House, an ambitious endeavour that speaks volumes about the company's confidence in its capabilities and its unwavering commitment to growth and development.

Also Nadonumai Holdings Ltd has also ventured out into joint business partnership with potential business and investor in Fiji, who are also here with us.

As the Chief Guest tonight, I am deeply proud of the role that Nadonumai Holdings Ltd. plays as a model indigenous business entity. Your success not only showcases the potential of indigenous entrepreneurship but also serves as a testament to the resilience and ingenuity of the Fijian people.

In Fiji where economic success is often equated with non-indigenous or global with multinational corporations, Nadonumai Holdings Ltd. stands as a beacon of hope, proving that indigenous businesses can thrive and excel on the level playing field with other similar businesses locally.

Your achievements remind us that when given the opportunity and support, indigenous entrepreneurs can create jobs, drive innovation, improve livelihood, and contribute to the prosperity of the people of Suvavou Village, and the country as a whole.

On behalf of the government, I extend my sincere appreciation to the Turaga na Tui Suva, and Board of the Nadonumai Holdings Ltd., for your invaluable contributions to our economy and society.

Your success is our success, and we are committed to supporting you every step of the way as you continue to write new chapters of success and prosperity, that is reflected in tonight's Theme: "Marking Milestones, and Embracing Growth".

Tonight's celebration of the Nadonumai Holdings Limited's achievements underscores not only the success of indigenous entrepreneurship but also the importance of government policies that support and encourage indigenous participation in business. I am proud to highlight some key aspects of our government's policy in this regard.

First and foremost, our government is committed to creating a conducive environment for indigenous businesses to thrive. This includes implementing policies that promote access to capital, technical assistance, and market opportunities for indigenous entrepreneurs. We recognize the unique challenges faced by indigenous communities in starting and growing businesses, and we are dedicated to addressing these challenges through targeted support mechanisms.

Furthermore, we believe in fostering partnerships between indigenous businesses and government agencies, private sector organizations, and international stakeholders. By leveraging these partnerships, indigenous entrepreneurs can access resources, expertise, and networks that are essential for their success in an increasingly competitive global economy.

In addition, our government is focused on promoting entrepreneurship education and training initiatives within indigenous communities. We believe that by equipping indigenous youth with the knowledge, skills, and mindset needed to succeed in business, we can unleash a new generation of indigenous entrepreneurs who will drive economic growth and prosperity for years to come.
Moreover, we are committed to ensuring that indigenous businesses have equal access to government procurement opportunities.

This includes implementing policies that prioritize the procurement of goods and services from indigenous-owned businesses, thereby creating a level playing field and stimulating economic development within indigenous communities.

The current government recognizes the importance of cultural preservation and respect for indigenous traditions in the business environment. We are committed to working collaboratively with indigenous communities to ensure that their cultural heritage is preserved and celebrated in the conduct of business activities.

In today's fast-paced and competitive business landscape, success is not merely a destination but a journey marked by numerous milestones. Each milestone represents a testament to the collective efforts and determination of every individual within any organization, the reason of our gathering tonight.

It is crucial to take a moment to pause and reflect on these achievements, not only to celebrate our successes but also to acknowledge the hard work and dedication that have gone into making them possible. Behind every milestone, there are countless hours of dedication, perseverance, and collaboration. It is this spirit of teamwork and commitment that sets the NHL's success.

Celebrating success is more than just a formality; it is a vital aspect of nurturing a positive and vibrant organizational culture. It fosters a sense of solidarity and unity among team members, inspires others to reach for greater heights, and reinforces the values that define Nadonumai Holdings Limited.

Moreover, celebrating success serves as a powerful reminder of what we can accomplish when we come together with a shared vision and purpose. It renews our motivation and energizes us to tackle the challenges that lie ahead with renewed vigor and determination.

As we focus on the achievements of today, let us also look to the future with optimism and confidence. There will undoubtedly be more challenges to overcome and milestones to achieve, but with the same spirit of resilience and collaboration that has brought the Company this far, I have no doubt that the Nadonumai Holdings on its own, or with a partner, will continue to thrive and succeed.

In conclusion, our government is fully committed to supporting and empowering indigenous entrepreneurs to realize their full potential and contribute to the economic prosperity of our nation. We believe that by fostering a supportive business environment, promoting entrepreneurship education, and fostering partnerships, we can create opportunities for indigenous businesses to thrive and succeed in the local, regional, and international markets.

In closing, I would like to once again extend my heartfelt congratulations to the Chairman Turaga na Tui Suva, and the Board of Nadonumai Holdings Limited.

Your hard work, dedication, and passion have made today possible, and I have no doubt that even greater successes lie ahead.

Vinaka saka vakalevu.