Saturday, March 2, 2024
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We want to remove barriers to investment: Gavoka

Deputy Prime Minister and Minister for Tourism and Civil Aviation, Viliame Gavoka says the Coalition Government wants to remove barriers to investment that paves the way for private sector-led recovery.

Highlighting this at the Fijian Tourism Expo in Denarau, Nadi, Gavoka said this is especially critical in today’s economic climate.”

He said the Government is making a strong commitment to making doing business in Fiji easier so we can unlock these investments.

“This was one of the key outcomes of the recently held National Economic Summit.”

“There are legislative reforms in the pipeline in partnership with development partners such as the International Finance Corporation.”

“We want laws that are fit for purpose and help deliver investor confidence.”

He also shared that under the Ministry of Trade; the Government has also established an Investment Facilitation Committee that identifies setbacks for investments in Fiji.

“At present, there is an inventory of about 1,400 rooms in the pipeline, valued at $785 million around Fiji. But we need more over the years in line with our air connectivity expansion.”

Gavoka further stressed that the Government welcomes investments of various scales, from larger integrated developments to smaller locally-owned also.

Reginald Chandar
Reginald Chandar
Head of News & Sports | news@fijilive.com

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