DENARAU CORPORATION LTD
Denarau Island Resort is situated 20-minutes from Nadi International Airport on the western coast of Viti Levu and is set within approximately 850 acres of landscaped tropical gardens. The island has an 18-hole golf course, port and marina with other diverse investments. Located on Denarau Island are beaches lined with a mix of international hotels, residential, commercial and retail precincts.
ABOUT THE GOVERNING BODY
Denarau Corporation Limited (DCL) is the Body Corporate for Denarau Island Resort and has been established pursuant to the Charter for Denarau Island which creates the integrated resort structure that binds all owners and occupiers on the Integrated Island Resort. In addition, the integrated island resort structure is governed by the Articles of Association of Denarau Corporation Limited.
Denarau Corporation Limited’s core business is to administer, manage and develop a sustainable, financially viable 5-star integrated island resort community – Denarau Island Resort.
The integrated island resort structure breaks the resort down into individual precincts, namely
- Hotel Precinct
- Residential Precinct
- Commercial Precinct
- Marina Precinct
- Golf Precinct
Various directors are appointed to represent individual precincts on the Denarau Corporation Limited Board of Directors.
Role of the Board of Directors
The Denarau Corporation Limited Board of Directors is empowered (and has the duty) to make rules for the control, management, administration, use and enjoyment of the Island and each of the existing and proposed facilities and administer and enforce those rules. They provide the leadership for Denarau Island through its stakeholders in achieving its vision, plans, policies and budgets for the Corporate Office to execute.
Role of the Chief Executive Officer
The Chief Executive Officer, appointed by the board of directors, is responsible for the execution of directives set by the board of directors through the Corporate Office.
Role of The Corporate Office
Denarau Corporation Limited operates and is managed as a pseudo town council, having its roles as follows;
- Ensuring proper legal and financial management
- Compliance with all current and future development regulations, including building standards, planning, alterations and extension consents
- Operational and maintenance functions
- The management of all common areas landscaping, irrigation systems, electrical and street lighting, sewer reticulation, roads and other infrastructure
- Coastal protection including, storm water damage mitigation measures, reinstating areas of erosion, re-planting of mangroves and other environmental protection measures
- Traffic management, Occupational Healthy Safety (OHS) Compliance, static security, enforcement of by-laws and disaster management.
- Governing equitable rights of access to various facilities.
- Maximizing the value of property and maintaining high standards of services and amenities.
RATES & PROPERTY
Denarau Corporation Limited, through contractual arrangements with Precinct Owners manages levies to preserve the character and purpose for which the Island was established. Levies are paid to Denarau Corporation Limited on a monthly basis.
The basic amount required to be paid each year is determined by the Board annually under the budget. Each year DCL will calculate a precinct allocation to the Common Costs (ordinary expenditure and ordinary capital expenditure) for each precinct. Allocation amongst members within a Precinct will be allocated a contribution of the Common Costs and each member within a Precinct will pay a percentage of the overall Common Costs.
The current billing model for Precincts are as follows:
- Hotel Precinct: units will be on guest rooms
- Residential Precinct: units will be individual lots that are separately owned
- Commercial Precinct: units will be square meters of floor space
- Golf & Racquet Club Precinct: unit will be one
- Marina Precinct: Units will be linear metres of berthage
Denarau Island Resort is set within 850 acres of land. Denarau Corporation Limited holds, as private property, all roads on Denarau Island. Wet leases are held by Denarau Corporation Limited, jetty structures are owned by the Port Denarau Marina Limited whilst pontoons are privately owned by individual residential lot owners.
Land Tenure (Acres)
|Native Lease||Crown Lease||Freehold||Total|
|Roads/ Waterways & Ancillary||106.79||106.79|
PERMITS, REGULATIONS & ENFORCEMENTS
Denarau Corporation Limited is responsible for the issuance of consents to owner for Building, water, waste water and electrical for further consideration by the Local Government Authorities. The use of Denarau Island base consents for hire car operators and inbound/outbound tour operators are also issued from the Corporate Office.
Rules & Regulations
Denarau Corporation Limited enforces planning and regulation requirements for Denarau Island. The Island’s by-laws are varied and is available from the DCL office.
Enforcements / Security
DCL contracts a security firm on a 24/7 basis to oversee the main gate, roads and other common areas.
The overall policy for the traffic management of Denarau Island is to minimize traffic disturbance, improve traffic flow, ensure there is an appropriate safe environment for vehicles and pedestrians, having regard to the law and managed in a way that complements the ever increasing growth and popularity of the resort as a tourist destination of choice. Traffic enforcements are also carried out by Denarau Security. These include, over speeding, heavy smoke emission, illegal stopping/parking, overtaking (double lines), loud music, fare touting, heavy tinting, expired wheel tax, etc
The Land Transport Authority (LTA) is the regulating body for all motorized vehicles in Fiji.
All cars, trucks, motorcycles or other motorized vehicles including golf carts on Denarau Island must be registered with LTA.
PLANS AND CAPITAL INVESTMENT
Denarau Corporation Limited’s 5-year strategic plans, developed through a broad consultative process involving all Key Stakeholders and their constituents seeks to increase Denarau Corporation’s service offerings to its residents and business houses while ensuring that Denarau Island maintains its 5 star international resort standards.
Denarau Corporation Limited’s capital investment plans are largely based on the strategic plan. But to ensure that common infrastructure is available to support the international world class service that our stakeholders require using best practice.
PUBLIC TRANSPORT SERVICES
Public Transport Services include a bus service, taxis, hire cars and on-island Bula Bus.
The Bula Bus offers unique open buses for passengers to enjoy the natural warmth and unobstructed views of Denarau Island. Travelling between all hotels, Denarau Golf & Racquet Club and the Port Denarau Marina, the Bula Buses operate on a continuous loop departing approximately every 15 minutes from 7:30am to 11:30pm, 7 days a week.