The success of tourism growth in Fiji hinges not only on tax incentives but also on stability and efficiency, according to Kamal Chetty, the chief executive officer of Investment Fiji. Speaking at a high-level panel discussion titled “Fuelling Growth: Incentives That Work” during the Third Fiji Tourism Convention in Nadi, Chetty emphasized that effective government processes and consistency are vital for fostering investor confidence.
Chetty noted that investors are increasingly valuing swift government approvals and long-term certainty to ensure their operations can thrive for years to come. He argued for a shift toward performance-based incentives that not only reward investors for job creation but also promote environmental sustainability in tourism projects.
With several projects on the horizon, Investment Fiji remains committed to bridging the gap between investor interest and physical implementation, further asserting that a focus on quality and effective government processes can enhance the tourism sector’s role as a key driver of national prosperity.
The discussion underscored the necessity of policy stability, transparent regulations, and additional reforms that extend beyond traditional tax breaks to enrich Fiji’s investment environment. It highlighted the importance of implementing targeted, evidence-based incentives that encourage inclusive growth, resilience, and lasting value for the Fijian economy. Overall, Chetty’s insights indicate a forward-thinking approach to tourism development that aligns with broader national objectives, holding promise for a robust future in Fiji’s tourism sector.
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