In Fiji:

November 26, 2023, 9:43 pm
Business, Fiji News

$13.9B worth of investment estimated for Fiji

Fiji One News Team
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A total of $ 13.9 billion worth of investment leads has been estimated to be realized in the next few years.

Acknowledging the continuous hard work of business owners and operators at the Prime Minister’s International Business Awards in Nadi, Prime Minister Sitiveni Rabuka highlighted that Fiji’s economic growth story continues this year.

“There’s been a remarkable resurgence by 20per percent in 2022, surpassing the earlier estimates of 18.6 percent by the Macroeconomic Committee.

“This remarkable growth was mainly driven by the robust revival of tourism.

PM Rabuka highlighted the latest update from the Reserve Bank of Fiji that projected the latest growth for this year to be 8.2 percent, a 0.2 percent increase from the previous official estimate.

The Prime Minister also emphasized the critical role played by private enterprises in the collective effort to build a more vibrant and diversified economy.

Meanwhile, Deputy Prime Minister and Minister for Trade Manoa Kamikamica highlighted that the Awards provide a platform for businesses to benchmark performance and service excellence, inspire innovation, support job creation, and above all boost employee morale in achieving more.

“Your Government firmly believes that every business regardless of its size has the potential to contribute to our national growth and become leaders in your respective industries. 

“As remarkable businesses, you have aspired to punch above the weight in every aspect of your venture, so I invite you to continue inspiring and motivating other businesses to propel themselves towards excellence.”