Koya is Denarau Waters New Acting CEO

 In breaking news

Faiyaz Koya has been appointed as the acting CEO of Denarau Waters, a company that is undertaking the development of Fiji’s largest integrated resort development on Denarau Island in Nadi.

The announcement was made by Ananth Reddy, the major shareholder of Avoser Limited which is the parent company of Denarau Waters Limited.

The resort development currently has over 1,000 lots including residential, commercial and hotel lots.

All lots in the first stage are sold, and work is proceeding on the other areas.

Reddy said that the company had been looking for a person with all the skills to take control of this large development and move it forward to completion and he believes that Koya is uniquely positioned to do this.

Reddy added that Koya has a deep understanding of the tourism and hospitality industries in Fiji and what international investors are looking for in developing new resorts.

His long term involvement with investors and their needs will be invaluable for the growth of the business.

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