May 21, 2019 Last Updated 5:09 AM, May 21, 2019

By Anish Chand

Airports Fiji Limited demolished $10,339,655 (US$5.059m) worth of terminal assets during the Nadi International Airport Modernization Project.

The Auditor General in his latest report to parliament says the significant renovations commenced in October 2014.

"AFL Management indicated that they have performed an assessment of buildings, and plant and equipment which need to be disposed as a result of the demolition of the terminal building in April 2016," says the audit.

The total written down value of the assets to be disposed of at the end of the project was assessed by management to be $18,069,612 (US$8,841m). Out of this $10,339,655 was recorded as loss on demolition of terminal assets for the year ended 31 December 2015.

Meanwhile, Airports Fiji Limited paid $199,050 (US$97,392) upfront to a contractor for the new Savusavu terminal building, but no work has been done to date.

AFL maintains a work in progress account and major item, amounting to $997,870 (US$488,240).

"This is in relation to the Nausori airport upgrade which is entirely dependent on the successful transfer of the land title to AFL," says the OAG.

AFL management has noted the audit findings and has agreed to evaluate and take necessary steps to address the issues,

Click on items for further information

Our Team

   Managing Director / Publisher

   Samisoni Pareti 

   Group Editor-in-Chief

   Samisoni Pareti

   Marketing and Sales

   Peni Totoka

   Finance and Operations manager

   Sara Winnie Vafo'ou


   Dick Lee


    Main Correspondents




Rowan Callick


Nic Maclellan


Davendra Sharma

   Cook Islands

Helen Greig


Taberannang Korauaba

   French Polynesia

Nic Maclellan

   Marshall Islands

Giff Johnson

   New Caledonia

Nic Maclellan

   New Zealand

Dev Nadkarni


Jason Brown


Naea Michael Jackson

   Papua New Guinea

Sam Vulum


Patrick Matbob


Taina Kami-Enoka

   Solomon Islands

Priestly Habru




Tony Wilson

Find Us on Facebook

Cookies make it easier for us to provide you with our services. With the usage of our services you permit us to use cookies.
Ok Decline