Vila Times

Australians started $1.4 billion worth of businesses in Fiji

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About 336 Australian projects were registered in Fiji between 2010 and 2016 worth about $1.4 billion.

Speaking at the 23rd Australia-Fiji Business Forum in Sydney, Fijian Prime Minister Voreqe Bainimarama said it was estimated those projects created nearly 1500 jobs across the economy in tourism, agriculture, forestry, construction, mining and quarrying, reports Fiji Times.

Bainimarama said: “Now more than ever, savvy Australian business-people, like those here today, are realising that Fiji is more than just a place to kick-back and enjoy paradise, it’s a country where they can build their next big business.”

Speaking on Fiji’s economic growth and growth prospects, Bainimarama said the government’s game plan for growth had paired the natural drive and ambition of the Fijian people with the skills, resources and opportunities they needed to succeed — ingredients for success that many had long been denied.

“And we’ve seen an immediate impact from those efforts, with Fijians eager to work for reputable employers and build a strong future for themselves, their loved ones, the companies they work for and all of Fiji.”

He told those present at the forum that the government was developing a services and manufacturing zone in Lautoka which would bring together modern, robust infrastructure and premier connectivity, along with the plug and play facilities that would make it a prime target for investment in the production of high quality finished goods and components.

“By partnering with us in this project, you can take advantage of our position as the hub of the Pacific, with the best networks of transportation by air and by sea, and join us as we are poised to become part of the supply chain of manufacturers in Asia and Australia,” he said.

He told those present at the forum that much of the progress made by the government was owed to their commitment to work alongside the private sector partners, and as part of the pro-growth approach, the government was offering duty concessions, investment allowances and some of the lowest business and personal taxes in the region.