Trade and Investment Minister Manoa Kamikamica says government policies, inflation and interest rates together with investment climate and economic conditions are some factors that affect overall investment decisions.
He highlighted this when officiating at the inaugural Fiji Tourism Investment Summit 2023 in Nadi yesterday.
“We all know the importance of investments and its centrality to Fiji’s economic growth and sustainable development,” the minister said.
“It has the potential to translate into widespread benefits, such as enhancement of productive capacities, job creation and improvements in the standard of living, and transfer of technology and know-how.
“So it remains imperative that we continue to ‘make doing business in Fiji easier’.
“Whilst a few bottlenecks remain which inconvenience new investments and re-investment activities in Fiji, I see practiced men and women amongst us who can show us the ropes of resolving these issues to harmonise and streamline processes to remove bottlenecks.”
Mr Kamikamica said this was one of his top priorities and he was working out ways to solve the issue of unnecessary regulatory compliance and administrative requirements by approving agencies.
He informed tourism stakeholders that as the minister responsible for trade and investments, he was eager to hear the outcomes of the deliberations so that they can realise the tourism sector’s strong points such as investment opportunities, incentives and identify the gaps that exist to reinforce and grow this sector.
