Two major companies are set to invest in Fiji’s agricultural sector, as announced by Trade Minister Manoa Kamikamica. He emphasized the government’s effort to diversify the economy beyond its heavy dependence on tourism by exploring other sectors.
While specific details about the companies were not disclosed during Mr. Kamikamica’s address to business owners in Taveuni, he highlighted the importance of promoting private sector investments alongside supporting smallholder farms as essential components of the agricultural supply chain.
He explained that large firms establishing plantations could play a critical role in enabling the growth of smaller farms in regions suitable for certain crops, enhancing local supply chains, and creating new export opportunities. Furthermore, he mentioned that FIJI Water, a well-known local company, has plans to expand its agricultural operations in Fiji, having already explored potential opportunities in various areas.
If these investments are successful, they could fundamentally change the agricultural landscape in Fiji by implementing commercial farming practices similar to those already employed by companies such as Rooster and British American Tobacco. Mr. Kamikamica expressed optimism that this model could be adapted and applied to a broader range of agricultural products in the future.
This prospective development adds a layer of hope for the diversification and growth of Fiji’s economy, presenting opportunities for farmers and local communities. By enhancing agricultural productivity and establishing a more robust supply chain, the nation may see improved economic stability and increased employment prospects.
In summary, the planned investments from major companies signify a positive shift towards agricultural development in Fiji, aiming to create sustainable farming practices and economic resilience through enhanced private sector involvement.
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