Investment Fiji records strong investor confidence

Picture: FILE

ABOUT $292,500 in foreign investment registration certification (FIRC) fees were collected by the Investment Fiji from January to April this year.

According to Investment Fiji chief executive officer Godo Mueller- Teut, a total of 117 FIRC applications were received during this period.

This slightly lower that what the investment arm received in the same period last year, a total of 132 FIRC applications.

Wholesale and Retail, tourism, manufacturing and agriculture sectors continued to attract large number of investors in the country.

“The month of March recorded the highest number of FIRCs received by Investment Fiji. In terms of the number of projects registered, a total of 37 registrations were received for the Services sector followed by wholesale at 30, tourism at 16, Agriculture and Forestry at 9 and Manufacturing at 7,” Mr Mueller-Teut said.

Mr Mueller- Teut said the number of FIRC applications received was an indication of strong investor confidence in the Fijian economy.

“With the Fijian economy poised for further growth, more investors are exploring opportunities to invest in Fiji”, he said.

Meanwhile, the fees collected from foreign investment registration certification was handed over to the Ministry of Economy today.

Permanent Secretary for Fiji’s Ministry of Economy Makereta Konrote noted Investment Fiji’s efforts in attracting the foreign direct investments in the country, and encouraged the agency to continue to work collaboratively with investors.

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