FIJI’S Trade Commission in China – serves as the country’s gateway to one of the most dynamic and complex markets in the world – has facilitated exports of Fijian products to China and boosted investment projects to Fiji worth millions of dollars.
So far this year, the trade commission has facilitated more than $20million worth of Fijian exports, which includes mineral water and Noni products ($10m), timber ($1.2m) and kava that continues to grow.
Deputy Prime Minister and Minister for Trade Manoa Kamikamica said there were also several major developments already progressing, signalling a growth in investment confidence in Fiji.
One of these large scale investments is being implemented at Wailoaloa in Nadi, that he said would boost tourism infrastructure, create jobs and stimulate local supply chains.
“There have been other several promising developments, among them a Chinese company specialising in daily household products now registered in Fiji with an investment contribution of over $3m,” Mr Kamikamica said in parliament this week.
He said a pre-fabricated housing project had also commenced, which would transform affordable housing here.
“Our trade commission in China is also developing investment pipelines in mountain tourism, worth tens of million (of dollars) potentially.
“Discussions are also underway for an investment project in agriculture and fisheries, with a focus on crab and prawn farming.
“These projects not only bring capital, but also jobs, skills and confidence to Fiji’s long-term economic potential.”
For the 2023-2024 financial year, the Shanghai-based trade commission has helped facilitate three investment projects from China, valued at a $129m across various sectors in the economy.
Concurrently, he said the office helped facilitate exports exceeding $33.3m.
For the 2023-2024 financial year, madam deputy speaker, the trade commission has helped facilitate three investment projects from China, valued at a $129million across various sectors in the economy.
Looking ahead, Mr Kamikamica said the office had also planned to participate in a number of trade shows this year, including the Macao International Travel Show, SIAL food and beverage exhibition, the China International SME fair show and the international import expo in November later this year.
He said a delegation from the Fiji-Macao Chamber of Commerce was expected to visit Fiji in June, and that would be facilitated by the Trade Commission in China.
