Investment Fiji Collects $292,500 as FIRC Fees
With the Fijian economy poised for further growth, more investors are exploring opportunities to invest in Fiji Godo Mueller- Teut INVESTMENT FIJI CHIEF EXECUTIVE OFfiCER
Investment Fiji has handed a total of $292,500 in Foreign Investment Registration Certification (FIRC) Fees to the Ministry of Economy.
These fees were collected from January to April this year.
Chief executive officer Godo MuellerTeut says a total of 117 FIRC applications were received during this period.
Wholesale and Retail, tourism, manufacturing and agriculture sectors continued to attract a large number of investors in the country. “The month of March recorded the highest number of FIRCs received by Investment Fiji.
“In terms of the number of projects registered, a total of 37 registrations were received for the Services sector followed by Wholesale at 30, Tourism at 16, Agriculture and Forestry at 9 and Manufacturing at 7,” Mr Mueller-Teut said.
For the same period last year, Investment Fiji received a total of 132 FIRC applications.
Mr Mueller- Teut said the number of FIRC applications received is an indication of strong investor confidence in the Fijian economy. “With the Fijian economy poised for further growth, more investors are exploring opportunities to invest in Fiji,” he said. Meanwhile the Permanent Secretary for the Ministry of Economy, Ms. Makereta Konrote noted Investment Fiji’s efforts in attracting foreign direct investments in the country, and encouraged the agency to continue to work collaboratively with investors.