Investment

Fiji strengthens trade and investment ties with Australia

In a bid to strengthen trade and investment relations with Australia, Minister for Industry, Trade and Tourism Hon. Faiyaz Siddiq Koya met with the President of the Australia-Fiji Business Council, Mr. Pawson in Sydney, Australia on Wednesday. Minister Koya said the visit was an opportunity for the Fijian Government to tap into more market access sources. […]

Salote Qalubau

July 15, 2016 8:11 am

In a bid to strengthen trade and investment relations with Australia, Minister for Industry, Trade and Tourism Hon. Faiyaz Siddiq Koya met with the President of the Australia-Fiji Business Council, Mr. Pawson in Sydney, Australia on Wednesday.

The Minister for Industry, Trade and Tourism, Faiyaz Siddiq Koya (Centre) and his ministry staff with members of the Australia business community in Sydney .(DEPTFO)
The Minister for Industry, Trade and Tourism, Faiyaz Siddiq Koya (Centre) and his ministry staff with members of the Australia business community in Sydney. (DEPTFO)

Minister Koya said the visit was an opportunity for the Fijian Government to tap into more market access sources.

KOYA: “This visit is an opportunity for the Fijian Government to engage with key Australian investors, explore market access opportunities for Fijian exporters and also introduce the Consul General/Trade Commissioner (designate) to stakeholders. The business lunch was an opportunity for investors and stakeholders to obtain information on key Government policies, reforms, and initiatives announced in the 2016-2017 National Budget.”

Minister Koya said the Fijian Government’s initiative of establishing a Service and Manufacturing Zone in the Western Division was also welcomed by Australian investors, particularly those that were interested in manufacturing, I.T and business process outsourcing sectors.

KOYA: “The meetings held thus far with potential Australian investors have reflected confidence in the Fijian economy with firm interest shown in Fiji’s dairy, rice, tourism and ICT sectors.”

Meanwhile, the Australia-Fiji Business Council has indicated their support for the infrastructure investments undertaken by the Fijian Government that is transforming Fiji’s economy, strengthening its competitiveness and has positioned Fiji as the hub of the Pacific region.

Minister Koya will also be meeting with international agencies and investors from the renewable energy and the sports tourism sectors.

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