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Thursday, January 25, 2007

Fiji Tourism Industry might just reach F$1 billion target

The Fiji Visitors Bureau has today said that the tourism industry might just reach its F$1 billion target this year. This is after it announced that tourist numbers will rise again to 30,000 in February as a result of discounted travel packages being aggressively promoted overseas by Fiji travel operators.

The Bureau said that if an average of 50,000 tourists per month visited Fiji from June to December 2007, then the industry would meet its ambition of being a billion dollar industry in Fiji this year.

However, foreign investors might wish to note that aside from tourism there are countless other areas in which they could invest in Fiji.

It will be interesting to see what comes out of the revised National Budget which is being developed by the Interim Government. The Finance Ministry says will have an unenviable task of developing a good package of incentives that will be able to attract and retain foreign investment and also promote local industry.

To discuss potential areas of investment and your plans for Fiji, you can contact our company, Gilbert & Samuels Company Limited, on telephone +679 3396427 or e-mail gilbert@connect.com.fj.

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