Business | SUNBIZ

‘More Investment Potential In The North’

Mr Chetty said the purpose for the meeting was to identify potential growth in the Northern Division and to have an understanding of logistic parts where there was project hold up.
31 Aug 2022 16:30
‘More Investment Potential In The North’
From left to right: Investment Fiji Labasa investment and trade officer Asesh Chand, Northern Divisional Planning Officer Setareki Dakuiboga, Commissioner Northern Uraia Rainima, Investment Fiji boar chair Jenny Seeto, Investment Fiji chief executive officer Kamal Chetty and Divisional Secretary Opal Khan after their meeting in Macuata House in Labasa on August 30, 2022.

There is a huge foreign and do­mestic investment potential in the Northern Division.

Investment Fiji chief executive of­ficer Kamal Chetty and Board Chair Jenny Seeto believed there are more opportunities to explore in the North.

Mr Chetty and Ms Seeto are in the Northern Division on a three-day work visit which ends today.

Yesterday, they had a meeting with Labasa Town Council acting chief ex­ecutive officer Faiz Ali.

 

Mr Ali said apart from the agricul­ture sector he wanted to see more growth in other sectors.

However, there was still huge poten­tial for agro-based business in Labasa particularly sugarcane and rice and it could be expanded into ginger, fishing and tourism.

“There is a shift of population, that is why Labasa has been able to move much faster,” Mr Ali said.

He has requested Investment Fiji to look into other investments such as manufacturing to create employment opportunities.

 

Mr Chetty said the purpose for the meeting was to identify potential growth in the Northern Division and to have an understanding of logistic parts where there was project hold up.

“We want to get the right investors to the Fiji Northern Division,” Mr Chetty said.

Ms Seeto was pleased to see develop­ment taking place in Labasa.

“We are not focusing only on foreign investors but also on domestic inves­tors.”

She said a very good example was the Vuo Supermarket in Vunika, La­basa.

 

Commissioner Northern Thank Invest­ment Fiji

Commissioner Northern Uraia Rainima acknowledged Investment Fiji for the role that they have been doing, especially getting investors to the North.

He updated the team about the La­basa Damodar City and Rups Invest­ment projects.

 

Feedback: shratikan@fijisun.com.fj



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