The company is proposing to invest nearly VT5 billion in construction and other infrastructure projects

Reeves International is an internationally-focused construction company with reputable track record in Asia and the Pacific Region for the past thirty-five years. The company has demonstrated outstanding performance in Overseas Development Assistance (ODA) infrastructure projects including a wide range of Government public infrastructure projects for Education, Health, Environment, Airport, Embassies / Consulates, Offices and Justice facilities.

VFIPA is happy to have assisted in the granting of a Foreign Investment Approval Certificate to the international company establishing itself as a local company. As part of its facilitation role, the Agency is looking forward to further engagements regards information provision and other support services necessary to assist the company fully establish and commence operations as expected.

The expansion of Reeves International into Vanuatu is the product of Australia and Vanuatu relations more specifically the assistance to the Vanuatu Police Force in terms of improving their assets and resources. The company will be carrying out the upgrade of the Cooks Barracks and Tiroas Barracks on Santo as their initial project in Vanuatu, a project worth VT4.5 billion.

Given the crisis caused by the pandemic, the granting of an investment approval by the Vanuatu Foreign Investment Promotion Agency to Reeves International is a huge relief in terms of maintaining continuity in business activities, contributing to cash flow and enhancing infrastructural growth of key developments in the country.

Total announced jobs to be created by the company for the locals is approximately 240. This is good news for the domestic economy as the current level of unemployment is already becoming a concern for the Government. More specifically, Reeves International will be upgrading the VMF barracks and related facilities and will be in joint venture with Icon Construction.

Reeves International expands to Vanuatu with a wealth of knowledge and experience serving over 35 years in the Pacific and Asian regions. The company will deliver services in construction, project management and consulting services as well for this project and future projects that may arise in Vanuatu. The company strives to provide excellence in their work and upholds strong commitment to providing sustainable infrastructure including a strict commitment to health and safety measures and capacity building for employees.

These are key points that VFIPA is always looking out for in investment proposals and is confident that Reeves International will deliver on these company values. The company is experienced in carrying out Public Works (donor funded projects etc.), they have provided support to the construction of Government residential houses, construction and upgrading of international airport terminals, water and sewerage and environmental projects such as sea walls.

Reeves International is independently certified to the ISO Integrated Management System for Quality, Safety and Environment. The company have in place a Local Industry Capacity Development Program that they carry out to ensure economic contribution to the country and this is through engagement of local labour, subcontractors and suppliers.