“Pacific Village” Cost Benefit Analysis – May 2003

The “Pacific Village” is a Fiji Government initiative to centralize and accommodate the three regional organizations; SPC, SOPAC and SPTO, into a purpose built facility with conference centre on Muanikau Road, Suva.

The project, as proposed, entails the construction of a series of low-rise office buildings totaling 9000 m2 (97,000 sq ft) and a 1250 m2 (13,500 sq ft) conference centre.

Before undertaking further work on this $37 million project the Fiji Government sought a thorough review of the cost and benefits.  This consultancy, with Ministry of Foreign Affairs and External Trade as the receiver, involved the following:

• Confirming the building brief with the beneficiary stakeholders
• Undertaking a Technical, Operating, Economic and Programme feasibility of the project
• Completing a capital investment analysis including:
• Quantification of tangible and intangible benefits
• Weighting of costs and benefits
• Analysing resource use efficiency
• Ascertaining and quantifying spin off benefits
• Assessment of the conference market for Fiji and Suva including:
• Consultation with 21 stakeholder organisations
• Assessment of the international conference market and Fiji’s role therein
• Analysis of conference centre critical success factors and the ability of the proposed facility to meet these
• Formulation of the optimal Architectural solution to meet the ascertained market requirements