Works soon to begin for Asco Motors’ new $16m dealership in Nadi
27 July, 2021, 4:43 pm
Asco Motors will soon begin work on its new $16million automotive dealership at Legalega in Nadi – reinforcing ongoing efforts to improve its business environment and position the company for future growth.
Works are expected to be completed in late 2022.
According to the company’s market announcement issued via the South Pacific Stock Exchange (SPX) on July 23, the new multimillion-dollar outlet will feature a comprehensive range of automobile and marine products in Fiji, and will include Toyota passenger vehicles and light and heavy commercial vehicles, Yamaha Outboards, Motorbikes, Scooters and Generators, Massey Ferguson Tractors and Bridgestone Tyres and Batteries.
It stated it chose to invest “as there are future business growth opportunities for both us and the economy”.
“We feel that it is a most opportune time to make this investment,” Asco Motors acting CEO Ronald Kumar said.This new site will provide more capacity for our business and our customers, provide a more efficient workflow for our business, and be designed with the customer,” Ascor Motors outgoing CEO Craig Sims said in the release.
Despite the ongoing impacts of the COVID-19 pandemic on businesses around the world, company acting CEO Ronald Kumar said they were excited about the journey ahead, and looked forward to the new investment to be constructed at the Voivoi Industrial Subdivision in Legalega.
He says it will also allow the company to be ready when economic times return to more normal levels.