The Labasa Innovation and Entrepreneurship Summit 2025 is set to commence tomorrow, focusing on new export and investment opportunities specifically for Vanua Levu’s agribusiness sector. Labasa Chamber of Commerce and Industries President Vinesh Dayal expressed that the event aims to bring together a range of stakeholders from government, business, agriculture, and finance to promote innovation and entrepreneurship within the industry.
This year’s summit is particularly centered on ensuring the sustainability of the Northern economy, especially in light of the decline in sugar production. Dayal emphasized the importance of collaboration among these sectors to promote agriculture not only as a commercial activity but also as a crucial source for food security. The event will operate under the theme “Creating Agribusiness Opportunities in Vanua Levu.”
Investment Fiji’s Chief Executive Officer, Kamal Chetty, highlighted that the summit serves as a significant platform for businesses to explore pathways for investment and expansion, as well as opportunities for exports. He pointed out that Vanua Levu possesses considerable potential for agribusiness development, suggesting that strategic investments, capacity building, and innovation can empower entrepreneurs and farmers alike to transform their potential into sustainable enterprises.
Drawing connections to other recent events, such as the Fiji Farmers Economic Summit, which focused on empowering farmers and enhancing productivity in response to global market challenges, it’s evident that the ambitions behind the Labasa summit reflect a broader commitment across the region to innovate and sustain agricultural practices.
In summary, the Labasa Innovation and Entrepreneurship Summit not only promotes immediate agribusiness opportunities but also contributes to ongoing efforts aimed at developing a resilient agricultural sector in Fiji. The emphasis on collaboration, sustainability, and innovation hints at a promising future for Vanua Levu’s agricultural landscape.
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