Economists based in Australia have emphasized the need for Fiji to enhance land and property availability to boost its business process outsourcing (BPO) sector. Dr. Kishti Sen, senior economist Catherine Birch, and economist Tom Kenny from ANZ Group argue that Fiji aims to position itself as a prime location for multinationals seeking operational efficiency, making it essential for the government to create conducive environments for BPO activities.
These experts highlighted the vision for the BPO industry in Fiji to develop multiple hubs or precincts that include shared facilities such as retail outlets, food services, accommodations, and medical care. However, they pointed out that a lack of available privately-owned land in key business districts hinders the development of an integrated technology park crucial for the sector’s expansion.
A strategic approach proposed by the economists involves asset recycling in the land sector—suggesting that the Fijian government consider selling off premium land property holdings in urban centers to finance necessary infrastructure projects. This process could help improve the current situation where the government is also exploring part-privatization options for its water and electricity utilities.
As noted in previous discussions on infrastructure and public-private partnerships, such as the discourse led by Acting Prime Minister and Minister of Finance Prof. Biman Prasad, the government has made it clear that enhancing collaborations with the private sector is essential for driving economic growth. The focus remains on developing the local workforce and making strides in areas like tourism and information communication technology (ICT) to make Fiji more attractive to international investors.
The government’s proactive stance signals optimism for the future of Fiji’s economy, with expectations of increased foreign investment and better job creation as the BPO sector expands. Such developments could greatly contribute to the nation’s economic diversification efforts, fostering resilience and sustainability.
Overall, the combination of strategic land management, governmental commitment to infrastructure development, and a focus on upskilling the local workforce positions Fiji for a promising trajectory as a hub for business outsourcing in the Pacific.
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