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Tuesday, December 19, 2006

Over F$750 million investment projects underway

More than F$750 million worth of private sector investments are underway, according to the Fiji Islands Trade and Investment Bureau (FTIB), and will be completed between 2007 and 2008.

FTIB has set up an action group to continue promotion of trade and investment opportunities in Fiji. The Bureau said that while it would contribute to promote trade and investment opportunities in its traditional markets, it will also redirect focus towards the Asian and Middle Eastern markets including India, China, Malaysia, Indonesia, Taiwan, Korea and Dubai.

About F$235 million projects have been established this year, compared to the Bureau's 2006 target of F$200 million.

FTIB said that while the primary focus of investment was in the tourism sector, companies were also investing in the agriculture and fishing sectors.

Note from GV : Foreign investors that require assistance for obtaining all necessary approvals and permits to set up business in Fiji can use our company, Gilbert & Samuels Company Limited. Our contacts are by e-mail gilbert@connect.com.fj or telephone +679 3396427 or +679 9921427.

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