September 10, 2013

Contractor responsible for major road work in Fiji goes into receivership

Posted at 22:57 on 05 September, 2013 UTC

The Fiji Roads Authority has confirmed that Blacktop Construction Ltd, the Auckland-based contractor responsible for road work in the Northern Division, has gone into receivership.

FBC news reports the CEO Neil Cook says they are in early discussions with the receiver and whatever happens, the Authority will ensure that road work in the Northern Division continues.

The receiver has ten days to satisfy the Authority that Blacktop will be able to continue to perform at the required standard and that Fijian creditors are protected.

No comments: