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Tuesday, May 22, 2007

India to increase investment in Fiji

India will be looking at increasing its investment in Fiji in the areas of agro-processing, garment and textiles manufacturing, ICT and tourism according to reports of a request by Fiji's Interim Minister of Finance who is on a trip there.

Fiji's annual trade with India is in the vicinity of F$30 million with the expectation that it would hit the F$40 million mark in the next five years.

Currently, India exports to Fiji include drugs, pharmaceuticals and fine chemicals, gems and jewellery, electronic goods, man-made yarn fabrics while Fiji's exports to India include metal scraps, dyeing, tanning and colouring materials, pulp and waste paper.

Note : Foreign investors that require assistance for setting up business or investing in Fiji can use our company, Gilbert & Samuels Company Limited. We can also assist you with seeking domestic financing for part of your projects. To contact us, you can call telephones (679) 3396427 or (679) 9921427 or e-mail gilbert@connect.com.fj.

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