FTIB Newsletter
Fijians encouraged to invest
Two "Fijians in Business" seminars have been conducted as part of efforts by the Fiji Islands Trade and Investment Bureau to assist indigenous Fijians invest in the economy.
The seminars, conducted in Fijian, attracted tremendous interest. During the seminars FTIB discussed specific investment projects which Fijians can participate in. This follows the development of several investment project profiles by FTIB. "From our experience with other seminars, people are aware of investment incentives that are in place. But they do not know profitable areas of investments they can go into," chief executive Jesoni Vitusagavulu said. He said the development of project profiles would help address this need. Apart from producing profiles for the seminar, FTIB also invited agencies such as the Fiji Development Bank, Fijian Affairs Board, Micro-Finance Unit, and Small Business Advice Unit to speak on the types of assistance they provide to Fijians starting a business. "By encouraging investment by Fijians we will not only be helping to raise investment, but also contribute to the creation of a stable political environment, which in turn is critical for investment," Mr Vitusagavulu said.
- ADVERTISEMENT -
An overwhelming response of over 80 names responded to a one-day advertisement placed in the media for the Fijians in business seminar. According to the bureau's Manager, Marketing and seminar organiser, Ulaiasi Tuikoro, their target was for 50 participants.
