Fiji - Foreign investment

The development of existing industries has been made possible largely by foreign investment. Fiji continues to promote overseas capital investment through the Fiji Trade and Investment Board because it requires foreign goods and services to meet many of its needs, including domestic employment. Tax and tariff concessions are offered to approved new industries, and special incentives apply to fuel-efficient or export-oriented enterprises. However, since the coup against the Chaudhry government in May 2000 political tensions have seriously hampered Fiji's prospects for attracting foreign investment in two major ways: through concerns over nativist restrictions and labor problems, and through concerns that trade sanction could be imposed on the defiantly unconstitutional government

Also read article about Fiji from Wikipedia

User Contributions:

Comment about this article, ask questions, or add new information about this topic: