Diaspora investments

INVESTMENT Fiji is intensifying efforts to attract investments to Fiji from the diaspora in recognition of its pivotal role in the country’s economic development.

And the visit by the representatives of The Commonwealth to the Government’s trade and investment agency yesterday is said to have come at an opportune time to discuss various opportunities surrounding diaspora investment in Fiji.

According to Investment Fiji, The Commonwealth delegation — represented by Head of Economic Policy and Small States Richard Ough and Economic Adviser Tamara Mughogho — expressed commitment to supporting and working closely with Fiji.

At the meeting, Investment Fiji CEO Kamal Chetty highlighted the agency’s recent endeavours in connecting with the diaspora community through international events.

He noted the significance of diaspora investment and ongoing initiatives, such as strengthening the diaspora database and developing a comprehensive diaspora kit.

The delegation also sought clarification and inquired about potential challenges associated with diaspora investment.

Mr Chetty said issues such as business registration and a shortage of human resources could pose challenges but assured they were actively addressing and finding solutions to overcome those hurdles.

He also explained Investment Fiji’s transformative journey from being a regulator to a proactive investment promoter.

He said they were dedicated to fostering a conducive environment for investment, both domestic and diaspora-driven, to further boost economic growth and prosperity in the country.