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$275k Foreign Investor fees collected

Date: 27 May, 2016
Investment Fiji received a total of $275,000 in foreign investor registration fees for the last quarter of 2015 covering the months of October to December.

Investment Fiji Chief Executive Officer Godo Müller-Teut said there were 106 Foreign Investor Registration Certificate applications registered with a proposed investment value of $315m and these were expected to create 887 jobs.

Sectors that largely attracted interest were services, wholesale and retail, and tourism.

“The amount collected in Foreign Investor Registration fees reflects the attractiveness of Fiji as an investment destination due to the pro-business policies of the Fijian Government. Investment Fiji is proud to be part of this success and will continue to market Fiji to the world with dedication and enthusiasm,” the CEO said.

Ministry of Finance Permanent Secretary Makereta Konrote thanked Investment Fiji for the contribution and said the Government was gratified by the confidence being shown in Fiji by foreign investors.

“Hundreds of jobs are being generated throughout a range of sectors in the economy and this is not only boosting the performance of these sectors but Fiji’s economic performance as a whole”, she said.