Chetty: Prioritise policies that support private sector growth

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Investment Fiji CEO Kamal Chetty addresses investors at the NZFBC business mission in Suva last week. Picture: KARISHMA KUMARI

As anticipation for the 2026 national budget announcement builds, Investment Fiji has called on the Government to prioritise policies that actively support private sector growth.

Investment Fiji chief executive officer Kamal Chetty said there should be a framework that made it easier for local and international businesses to operate, invest, and expand.

He said they were looking for continued investment in critical areas like infrastructure, energy, and digital transformation; and the cost of doing business for those must be lowered.

“We hope the budget would provide targeted incentives that don’t just attract new investors but would also encourage businesses that are already here to reinvest and grow their operations,” Mr Chetty said in an interview.

He added the conflict in the Middle East had also contributed to broader global uncertainty, particularly through higher fuel prices, shipping costs, and cautious investor sentiment.

“These are the indirect effects that many countries, including Fiji, are experiencing.”

However, Mr Chetty said Fiji’s investment outlook remained stable.

“We have seen strong interest in key sectors such as tourism, renewable energy, agriculture, and manufacturing.”

He said while some investors might have taken a more cautious approach in the short term and long-term confidence, Fiji remained intact due to its stable policy environment and ongoing reforms.

He added they remained focused on supporting investors through those external pressures by improved facilitation and ensured that projects continued to progress without unnecessary delays.

The 2026/2027 national budget will be announced by the Government tomorrow.