Joint ownership model elevates Yasawa Islands Tourism

Pioneering ownership model enhances the Potential of Yasawa Island Tourism. Image: Tourism Fiji

A NEW joint-ownership model between local landowners and investors marks a pioneering approach to tourism development in the Yasawa Islands, located in the north-west of Fiji’s main island, Viti Levu.

A landmark equal-ownership project combines local land contributions with investor capital to expand existing resorts.

“The community contributes three to four acres of land and existing hotel facilities. The investor supplies all capital for development, including 38 new villas,” said Lavenia Naivalu, Tourism Association Representative, Yasawa region.

“Profits will be split 50/50 between the landowners and investors. The project aims to balance community stewardship with professional resort management and marketing.”

This model offers a replicable path for emerging communities to share in tourism growth.

She said the land remains under community stewardship, ensuring ongoing local control.

“Discussions with iTaukei Land Trust Board (ITLTB) explored contributions beyond land to meet investment requirements.

“Local leadership views this as a sustainable way to build opportunities for both community and business. The approach reflects years of relationship-building and partnership development.”

The project timeline aligns with regulatory approvals, and construction is slated to start in early December 2024.

Naivalu added, “Recent final approvals permit building to commence imminently. The investment company is jointly owned by Nalovo Investment Co. Ltd, equally owned by Blue Lagoon Beach Resort and our Mataqali.

“This expansion fits within broader regional development and environmental studies. Community trustees oversee negotiations and relationships with corporate and government partners.”

Community trust governance ensures equitable benefit distribution and oversight of development.

“The trust includes seven high chiefs, five district reps, and 27 Turaga ni Koro (village headmen). It serves as the negotiating body for community interests in tourism and resource use,” she said.

“Past partnerships with South Sea Cruises have delivered scholarships, infrastructure, and climate adaptation programmes.”

This governance structure underpins sustainable development aligned with cultural values.