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Issue No: 589; 15 March 2001
Fiji's construction industry has collapsed, the media reports. A report today states that the number of employees remaining in the construction industry has declined from 14,000 workers at its peak to a mere 1,000 now. The report quotes the President of the Construction Industry Council Malcolm Brian who says that several companies were forced to reduce the working hours and cut overhead costs to sustain ongoing losses. He stated: "We are now in the 10th month since the events of May 19 2000, and it has been a long wait for investors for a lasting solution on the political impasse. Any further delay in finding a permanent solution to the current political impasse will bring about closure of many more businesses with consequent job losses". Brian is quoted as saying that the Acting President should appoint a government from within the elected members of Parliament for political stability. The move by the Acting President to appoint Tevita Momoedonu
as the Prime Minister in breach of the Constitution has been seen by many
investors as signs that the regime is not willing to get back on track of law
and order. |
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People's Coalition Government - Fiji Islands |
