Investment Fiji receives 98 Foreign Investment Registration Certificates from August 2018-January 2019

Investment Fiji receives 98 Foreign Investment Registration Certificates from August 2018-January 2019

By Navitalai Naivalurua
Thursday 16/05/2019
Investment Fiji Acting General Manager, Ritesh Gosai

98 Foreign Investment Registration Certification was received by Investment Fiji from August 2018 to January 2019.

Investment Fiji Acting General Manager, Ritesh Gosai says in August and October they received the highest number of Foreign Investment, Registration Certification from the Services, Wholesale and Retail, Manufacturing and Tourism sectors in the country.

He says a total of 29 registrations received for the services sector followed by 15 for manufacturing and 13 for Tourism sector.

He adds the construction sector had 6 projects registered followed by Agriculture, Forestry and Real Estate with 5 registrations.

Gosai says the number of FIRC applications received is an indication of strong investor confidence in the Fijian economy.

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

She added the Fijian Government is continuing to invest in human capital and modernizing infrastructure, thus ongoing private sector investment projects adds stimulus to economic activity.

Investment Fiji handed a total of $244,986.24 in Foreign Investment Registration Certification Fees to the Ministry of Economy.

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