TechInPacific – The automotive company Asco Motors has raised $16m of automotive dealership which will be directed towards the launch of automobile and marine products in Fiji.
Among the automobiles are Yamaha Outboards, Motorbikes, Scooters and Generators, Massey Ferguson Tractors and Bridgestone Tyres and Batteries, and Toyota passenger vehicles.
The marketplace will be situated in the Voivoi Industrial Subdivision in Legalega, and construction is expected to complete near the end of 2022.
“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,” said outgoing CEO of Ascor Motors, Craig Sims in the press release.
“We feel that it is a most opportune time to make this investment,” conclude Asco Motors acting CEO, Ronald Kumar.