Business | SUNBIZ

Hopes To Attract More US investors In Nadi

Chamber of Commerce and Industry assures support to Fiji-USA Business Council to facilitate requests The Nadi Chamber of Commerce and Industry is hopeful more investors from USA would consider investing
18 Aug 2016 09:33
Hopes To Attract More US investors In Nadi
Fiji-US Business Council president Narendra Reddy (seated second from left), US Embassy Deputy Chief of Mission Doug Sonnek, with the Nadi Chamber of Commerce and Industry at the Sentai Restaurant in Nadi last Tuesday. Photo: WAISEA NASOKIA

Chamber of Commerce and Industry assures support to Fiji-USA Business Council to facilitate requests

The Nadi Chamber of Commerce and Industry is hopeful more investors from USA would consider investing in Nadi.

Chamber President, Dr Ram Raju, highlighted there are not many US-based businesses in Nadi and therefore they would be very much welcome.

He said Sheraton Fiji Resort, which has now become a part of the US-based Marriot Group, was a good example and benchmark which could be used.

“This therefore forces to have more visits by the US trade sector and look for such opportunity to exchange ideas and foster better relationship for future collaborations,” he said.

His comments were made during a joint meeting between the chamber, Fiji-USA Business Council and the US Embassy.

The meeting was held on Tuesday at the Sentai Restaurant in Nadi.

Dr Raju has assured the Fiji-USA Business Council that it will assist and facilitate to set up more US-investor footprints in Nadi Town which is scheduled to be a city by next year.

Meanwhile, the Fiji-US Business Council has given its commitment to try its best to bring more US-businesses to Nadi.

Business Council President, Narendra Reddy, said the meeting was part of the ongoing measures taken by the council.

This was to work closely with the US Embassy and the other Chambers to create greater awareness among businesses who had the potential to begin trade with the US.

“This is for those who have an interest to do business or trade with US companies,” he said.

 

Sharing experiences

US Embassy deputy chief of mission, Doug Sonnek, said these organisation partnerships are founded on one aspect and that was business contributes towards the productivity of the economy.

“Fiji is very important for regional strategy in terms of trade,” he said.

“We want to create an environment where good discussion for rules and regulations on businesses are taking place on a regular basis.”

Mr Sonnek said there is a lot of ways created by the Government and the US Embassy to extend trade.

“Some have encountered hardship in business and support. We are here to find good ideas from your colleagues,” he said.

He urged the business stakeholders to come together collectively to allow their experiences to be shared and voices to be heard should there be any issues.

“Our focus over the past three years has been in a number of areas,” Mr Sonnek said.

“This is to strengthen the capacity, to deal with the negative effect of climate change in South Pacific, to support business in the renewable industries and to strengthening democratic institutions.”

Edited by: RACHNA LAL

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