Investor optimism remains intact amid global economic uncertainties and domestic infrastructure hurdles, as outlined by Kamal Chetty, the Chief Executive Officer of Investment Fiji. In discussing the investment landscape for the year, Chetty highlighted sustained interest from both local and international investors, particularly within the tourism sector, which continues to attract significant engagement.
While acknowledging the robust interest in investment opportunities, Chetty noted that infrastructure and implementation challenges pose ongoing concerns. He stated, “Obviously, projects are going on in many parts of Fiji. How the infrastructure copes with labor and productivity is definitely a challenge, and ensuring projects are implemented on time can sometimes be difficult.” This sentiment underscores the importance of addressing the foundational elements that support investment.
Chetty emphasized that international developments and significant global risks are pivotal factors influencing investment trends in Fiji. “There is a lot happening globally. There are significant risks in the global environment that affect investment flows from outside. That impact is something we continue to manage,” he explained.
Despite these challenges, Chetty expressed optimism about several major projects that are set to progress this year, particularly in tourism, as additional ventures are already in the pipeline. This proactive approach to developing the tourism sector showcases a commitment to advancing economic growth and resilience in the face of external pressures. As Fiji continues to navigate these complexities, the focus remains on fostering a conducive environment for investment and development.
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