Excavation works in the Waterfall area in Port Vila are expected to be completed this month.
The development aims to create more space for small businesses serving both local and international visitors, with plans to open in July in time for Independence celebrations.
Local business owner Lopez Adams told VBTC News that construction will begin in June to accommodate 20 more businesses focused on entertainment activities, which could create up to 60 local jobs.
So far, about 100 businesses have shown interest in the site.
“When 20 more businesses come in, we expect to employ around 60 people directly,” Mr Adams said.
The space will include various entertainment activities, including a water park for children and other activities for adults.
Construction is scheduled for June, with the opening planned for July ahead of Independence.
Mr Adams said all businesses must align with tourism.
Details of the types of buildings to be constructed are not yet clear.
“This is an indication that we need to develop Port Vila as a city, not a village,” he said.
“We are not doing anything new, we are trying to expand the CBD.”
Excavation works will stop behind the Icount Building, and priority for space will be given to existing businesses.
