Diaspora keen to invest in the country

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Canada-based Fiji-born billionaire Jeff Lal, left, and Fijian Association of Canada president Sam Basra during their press conference at the Holiday Inn in Suva yesterday. Picture: KATA KOLI

The Fijian diaspora is willing to invest in the country on the condition that there is stability, protection and safety among investors.

This was highlighted by Fiji-born billionaire Jeff Lal during a press conference hosted by the Fijian Association of Canada at the Holiday Inn in Suva yesterday.

He said there were rising concerns among the diaspora population on the present situation of the infiltration of drugs, poor housing and government stability in the country.

“We are not here to interfere with the Government in terms of how the country is running,” Mr Lal said.

“We’re here to make some suggestions as prominent businessmen interested in giving back to the country because it really saddens us to see that our country still faces these struggles.”

Association president Sam Basra said the Fijian diaspora across the globe, including Canada, were willing to help contribute to Fiji’s economic progress.

“We want to help people here in the country, we are prepared to give you machines and everything, please give us a chance,” Mr Basra said.

Mr Lal said before they took further steps into their investment plan, he wanted to obtain answers on how the Government would protect their investment interest in the long term, ensuring there was a flow in opportunities in the future.

“I come from a political background as well here in Fiji but seeing what’s been happening, it’s vital for us to know before-hand this information before we invest in a country. This information includes the guaranteed stability of the Government itself and the welfare of investors coming into the country,” he said.