THERE is a renewed profound interest in investment by Fijians, in particular the younger generation who have developed a healthy appetite for saving and investing.
Unit Trust of Fiji board chairperson Lavinia Kaumaitotoya said this was their observation from the UTOF board perspective seeing “every” Fijian having a keen interest to save for the future.
“This may be because of COVID, I am not sure, but we can see that since COVID, people are saving for the future,” Ms Kaumaitotoya said in response to a question from this newspaper on the country’s investment appetite.
“This generation now, I also see they are saving for their children,” she said.
Unit Trust of Fiji CEO Vilash Chand echoed similar sentiment saying this was a trend they had begun to see in the past five years.
“There is an appetite from the public, generally speaking, and there is an eagerness to start saving and investing for the future,” Mr Chand said.
He said the investment environment was also “quite good”.
“There is also a positive attitude of people investing in Fiji,” Ms Kaumaitotoya added.
“Our own Fijians investing in us, and then we in turn can then invest here locally.
“And that is a very positive outlook, especially for the country going forward.”
Ms Kaumaitotoya and Mr Chand made the comments at the announcement of UTOF’s $7m final dividend disbursement this week.
