12 NZ companies interested in investing in Fiji

Representatives of 12 companies from New Zealand are in Fiji to build opportunities for future investments.

These investors are former Fiji residents who are now residing in New Zealand and business people from other countries who are living in New Zealand.

The President of the New Zealand/Fiji Business Council, Chandar Sen who is also the Managing Director of Pacific Engineering Projects Limited based in Auckland said one of the investors is from a multi-billion euro international company.

These investors are attending a week long Fiji Business Mission in Suva where they will get an overview of Fiji’s economy and investment opportunities.

Meanwhile, Industry, Trade and Tourism Minister, Faiyaz Koya while opening the programme stressed that an area of immediate consideration and cooperation is the review of the New Zealand/Fiji double taxation avoidance agreement.

He said it is out of date and needs revision to ensure that investors in both the countries benefit from the full range of incentives offered.