The Fiji Times

Growth potential

Trade mission a platform for businesses to interact

- By MONIKA SINGH

MARKET SNAPSHOT

STRI as at March 20, 2023 = 8165.73 LOCAL SHARE PRICES

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

3.40 1.98 6.75 3.49 10.38 1.89 2.25 1.16 1.12 3.30 2.10 1.08 3.23 10.00 19.05 7.00 4.08 0.80 32.40

THE 2023 Fiji Investment & Trade Mission to New Zealand provides a platform for businesses from Fiji and New Zealand to interact and learn about both markets, and crucially to make business-to-business connection­s.

Deputy Prime Minister and Minister for Trade, Cooperativ­es, SMEs and Communicat­ions Manoa Kamikamica said opportunit­ies existed across a range of sectors – including pharmaceut­ical production, fish processing, building and constructi­on, cosmetics, textiles, clothing and footwear, as well as high-end furniture and valueadd raw materials – astute businesses of all sizes are being offered partnershi­p incentives by Fiji Government.

“We also share close trade and investment ties. New Zealand continues to register as one Fiji’s largest trading and investment

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

partners.

“It is pleasing to note that New Zealand investment­s in Fiji remains to grow. The two main sectors of investment­s from New Zealand are tourism and services. The two-way trade between Fiji and New Zealand is $813.9 million in 2021.

“We aim to increase our twoway goods and services, reduce barriers to business, and encourage private sector developmen­t,” said Mr Kamikamica.

He said the 2023 Fiji Investment and Trade Mission was the first of this year.

“With the various panel discussion­s and business to business meetings that are lined up by the organisers, we intend to see over 100 business to business engagement for potential investors and exporters.

“Going forward, we still can leverage the potential strength of Fiji and New Zealand’s economic relations.”

Mr Kamikamica said their efforts at the mission were to increase the volume of exports and the range of products from Fiji to New Zealand.

“Additional­ly, we need to ensure that our engagement and

B2B discussion­s will result in direct investment­s into Fiji from NZ. For the whole week this will be my mission and that of my teams.”

 ?? Picture: SUPPLIED ?? Deputy Prime Minister and Minister for Trade, Cooperativ­es, SMEs and Communicat­ions Manoa Kamikamica with the delegates at the 2023 Fiji Investment & Trade Mission to New Zealand.
Picture: SUPPLIED Deputy Prime Minister and Minister for Trade, Cooperativ­es, SMEs and Communicat­ions Manoa Kamikamica with the delegates at the 2023 Fiji Investment & Trade Mission to New Zealand.

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