$4.5million Japanese investments over past 5 years

Minister for Industry, Trade and Tourism, Premila Kumar meeting with the delegation from Japan in Suva on Thursday, February 27, 2020. Picture: ABISHEK CHAND

A TOTAL of $4.5 million worth of Japanese investments was recorded in Fiji over the past 5 years.

This was according to the Minister for Industry, Trade and Tourism, Premila Kumar during the opening of the Fiji-Japan Trade and Investment Seminar in Suva today.

“We strongly believe there is potential to increase this further, especially with the resumption of the direct flights between Fiji and Japan,” she said.

“Therefore, we invite more Japanese investors to consider outsourcing their business processing to Fiji and take advantage of our infrastructure and talented workforce.

“I encourage the Japanese entrepreneurs to explore investment opportunities in sectors such as light and green manufacturing, commercial agriculture, tourism, ICT, BPOs, amongst other areas you may have in mind.”

There was also a call for investors to partner with the Municipal Council’s on a number of development projects.

“There is potential for joint venture projects, such as, sporting facilities, community infrastructure, shopping arcades, waste management infrastructure, to name a few,” said Ms Kumar.

“I’m confident that our engagement will carry on to be productive, persistent and progressive, underpinned by both of our countries’ long-standing economic and strategic interests.”

The seminar included a Japanese delegation of investors led by Vice Minister for Foreign Affairs of Japan, Norihiro Nakayama.

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