Tourism and Civil Aviation Minister Viliame Gavoka says the short life investment package tax holiday was being extended to investors in the new budget.
Officiating at the Asia Pacific Hotel Industry Conference and Exhibition (AHICE) Fiji Investment in Tourism Summit at the Sofitel Fiji Resort and Spa yesterday, Mr Gavoka said this was being done for investors who acquired existing hotels and undertook renovations and refurbishments of more than $50million.
“We have increased our marketing budget through Tourism Fiji and will continue to strategically drive reforms to make it easier for you, our investors, to invest in Fiji and the Fijian brand,” Mr Gavoka said.
“Over the course of the day, you will hear more from our partners.”
Mr Gavoka said in recent years, there had been remarkable transformations within the tourism industry.
”From the development of world-class resorts and eco-tourism projects to the enhancement of our cultural and historical sites, our commitment to elevating the tourism experience is evident.
“These advancements are not just about attracting visitors, they are about creating lasting impressions that turn tourists into lifelong ambassadors of our country. However, to sustain and expand this growth, strategic investments are crucial. Last month, we launched Fiji’s National Sustainable Tourism Framework which charts our course toward responsible growth.
“It is built on four key goals — prosperous visitor economy, thriving and inclusive communities, visible and valued cultures and healthy islands and oceans.
“So, we invite investments that harmonise with our environment, our people and our cultures.”
The AHICE Fiji Investment in Tourism Summit is hosted by HM Magazine, presented by Fiji Airways and co-hosted by Tourism Fiji and Investment Fiji.
