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Transforming Investment Fiji Into An Investment Promotion Agency

Over the past three years, Investment Fiji has transformed into an investment promotion agency with the aim to assist exporters and investors and position Fiji as an investment-friendly hub. Operating
02 Oct 2018 10:01
Transforming Investment Fiji Into An Investment Promotion Agency
Investment Fiji chief executive officer, Godo Muller-Teut

Over the past three years, Investment Fiji has transformed into an investment promotion agency with the aim to assist exporters and investors and position Fiji as an investment-friendly hub.
Operating as a facilitation arm of the Fijian Government, its main aim is to promote and stimulate investments and exports.
Investment Fiji carries out four primary roles: Investment Promotion, Investment Registration, After-Care Support and Export Promotion.
Investment Fiji’s ‘Transform to Perform’ corporate change program 2015-2018 is an overview of Government’s five to twenty year National Development Plan (NDP).
The chief executive officer, Godo Muller-Teut said, the main aim of Investment Fiji is to attract and facilitate investments through a better Ease of Doing Business process.
“Our new Strategic Plan 2018-2022 has set goals both internal and external, presenting Investment Fiji in a new leadership helm with better investor engagement, export and investment models and improvement to IT and HR departments,” Mr Muller-Teut said.
Investment Fiji has made a strong impression in the areas of Customer Relationship Management (CRM)system (investor database), formed new partnerships with key agencies, introduced investment attraction strategies and exporter capability programs.
“We created a new technology platform, new export model and revised our investment and foreign direct investment module to act fast, deliver better and collaborate with our stakeholders across all sectors.”.

Important facts:
For 2017-2018 (August to July) period, Investment Fiji recorded an implementation of 185 foreign investment projects with investment value of FJ$738 million creating 2,955 local employments.
This is an increase of 16 per cent in number of projects implemented and 38 per cent in investment value when compared to the same period last year.
Also notable is 79 projects re-invested in Fiji which is an increase of 11 projects when compared to 2016-2017,” Muller-Teut said.
In terms of local investments, a total of 69 projects were implemented at an intervention value of FJ$ 132 million and directly generating 1,364 employments for Fijians.
Mr Muller-Teut said Investment Fiji is actively developing relationships across the local community by connecting entrepreneurs, investors, exporters, government officials, financial professionals, business groups and others to work together in order to catalyse investments as a key ingredient of a vibrant local economy.

INVESTMENT FIJI
Feedback: maraia.vula@fijisun.com.fj



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