The Fiji Times

$1.7m investment

- By AISHA AZEEMAH

MARKET SNAPSHOT

STRI as at Nov 09, 2022 = 7934.71 LOCAL SHARE PRICES

AUSTRALIA based telecommun­ications company Fibre Network Engineerin­g (FNE) Communicat­ions has invested $1.7 million to boost Fiji’s telecommun­ication sector. The company set up its operations in Fiji to tap into Fiji’s potential for a better telecommun­ication infrastruc­ture in March this year.

With a little over six months into the commenceme­nt of its operations, managing director Greg Ingram plans to expand the services to other parts of the country.

“I knew that the specific knowledge and expertise that Fibre Network Engineerin­g provides and executes in Australia would be beneficial in Fiji, for both the introducti­on of new technologi­es as well as building on opportunit­ies for company growth,” he said.

“Through our investment, we foresee an increasing number of employment opportunit­ies and further improvemen­t into Fiji’s ICT (Informatio­n Communicat­ion Technology) infrastruc­ture, which I believe is a win-win situation for both,” he added.

“Our long-term plan is to have at least three points of presence around Fiji.”

The company has also recently imported a horizontal directiona­l drilling (HDD) machine which is used to install undergroun­d utilities to improve the quality of telecommun­ications groundwork around the country.

Investment Fiji chief executive officer Kamal Chetty highlighte­d that FNE Communicat­ions brings a lot of value to Fiji and holds enormous potential in paving the way forward for Fiji’s telecommun­ications sector.

Atlantic and Pac. Pack. Telecom Holdings Fiji Ltd Bird Institute Ltd Insurance Ltd Foods Ltd Television Ltd Finance Ltd Growth Fund Ltd Global Ltd Denarau Marina Ltd Green Ind. Fiji Ltd Patel Group Fiji Ltd Comp. of Fiji Ltd Tsusho Sth Sea Holdings Investment­s Ltd Holdings Ltd Notes

Amal. Communicat­ions Free FijiCare FMF Fiji Kontiki Kinetic Pleass Port Pac. RB Rice Toyota VB Vision Fijian Convertibl­e -

 ?? Picture: SUPPLIED ?? FNE communicat­ions managing director Greg Ingram (middle) with Investment Fiji staff Shilfa Chand (left) during site visit.
Picture: SUPPLIED FNE communicat­ions managing director Greg Ingram (middle) with Investment Fiji staff Shilfa Chand (left) during site visit.
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