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Kamal Chetty: NZ Investments to Fiji Grew in 2018

“We aim to support sustainable business practises and projects and are looking to diversify Fiji into a more knowledge based, progressive and advanced economy.”
16 May 2019 15:54
Kamal Chetty: NZ Investments to Fiji Grew in 2018
Investment Fiji Investment and Trade manager, Kamal Chetty.

Investment from New Zealand grew in 2018.

This was confirmed by Investment Fiji Investment and Trade Manager Kamal Chetty who attended the Doing Business in Fiji” Roadshow in New Zealand from May 6 to 8.

Mr Chetty said: “Investment from New Zealand has grown in 2018, with 35 registered projects in Fiji proposing to $115 million investment, with a notable increase in tourism, manufacturing and real estate projects.”

The roadshow promoted trade and investment opportunities in Fiji, had taken place for the first time around New Zealand in the cities of Auckland, Wellington and Christchurch.

Doing Business in Fiji events were co-hosted by the Fiji Trade Commission to New Zealand, the New Zealand – Fiji Business Council (NZFBC) and the Fiji High Commission to New Zealand.

The Trade and Investment Manager to the Fiji Trade Commission to New Zealand, Peter Rudd started the presentations for the event.

“We aim to support sustainable business practises and projects and are looking to diversify Fiji into a more knowledge based, progressive and advanced economy.”

Presenting overviews on different sectors in Fiji, Mr Rudd mentioned how Fiji’s performance has recently been receiving international attention.

He stated how Fiji hosted the Asian Development Bank annual meeting of the Board of Governors in Nadi with over 2,000 delegates.

“Hosting this event will help showcase Fiji as a viable destination for more large scale business events and conferences.”

NZFBC president Chandar Sen said: “Business is the glue that holds economies together. Mr Sen advised guests to join the NZFBC as a way to maintain a strong support network with other New Zealanders doing business in Fiji.

About the events

The events featured a range of speakers from supporting organisations as well such as Investment Fiji, NZTE and a case study from New Zealand investors from companies such as eCoast, Sportsworx and Media Metro Limited who had the opportunity to share their experiences in doing business in Fiji.

Brett Jenkins from Sportsworx shared how he was so impressed with a number of the local workers who had been hired to construct the new Uprising Resort sports field, that he would fly them to New Zealand to continue employment with the company.

Special guests included the Fiji High Commissioner to New Zealand Filimone Waqabaca, and the New Zealand Minister of Trade David Parker who attended and spoke at the Wellington event on the importance of New Zealand’s relationship with Fiji.

Mr Waqabaca said: “The relationship between New Zealand and Fiji is like a cup of tea, very very warm.”

The roadshow received very positive feedback and interest from business people around New Zealand with over 200 attendees across all three events.

Feedback: maraia.vula@fijisun.com.fj

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