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All posts tagged Fiji Tourism

Resort Homes Fiji presents some general information designed to those contemplating doing business in Fiji. This information while current is not intended to be comprehensive, you should always consult us before taking further action.

Doing Business in Fiji – Part 2 Investment Factors

Investment Fiji

Investment Fiji, formerly known as The Fiji Trade and Investment Bureau (FTIB) was created to facilitate and promote investment in Fiji.

The board consists of representatives from Government and private sector and acts as a liaison between and facilitates dealings with Ministers and governmental or semi-governmental departments.

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Resort Homes Fiji presents some general information designed to those contemplating doing business in Fiji. This information while current is not intended to be comprehensive, you should always consult us before taking further action.

Doing Business in Fiji – Part 1 General information

Location and Climate

Fiji is an independent republic situated in the South Pacific approximately 3,100 NE. of Sydney, Australia and 2,100km N. of Auckland, New Zealand.

Fiji consists of 332 islands. the two main islands are Viti Levu and Vanua Levu and these tow islands comprise more than 85% of the total land area. The capital of the country is Suva, situated on the South Eastern coast of Viti Levu.

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Fiji Thrives in Tourism and Investment

Fiji has stamped its mark as the leading tourism industry in the Pacific.

And according to ANZ’s Asia Pacific Economics quarterly report, Fiji was one of the largest Pacific economies and was systemically important to the tourism industry in the region.

With the tourism industry being one of the largest contributors to gross domestic product (GDP), the bank said data from the Fiji Bureau of Statistics regarding arrivals were available on a timely basis than most of the Pacific.

“From 2002 through 2012 annual tourist arrivals into Fiji climbed from 397,859 to 660,590, averaging growth of 6.3 per cent per year,” the bank said.

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Fiji’s Adventure Capital will undergo an array of activities this year by focusing more on communicating with its tourism markets with an ongoing investment on a marketing campaign programme.

Pacific Harbour Tourism Association steering committee member, Alfred Christoffersen in a recent interview said this is part of re-establishing their brand and image as their core activities.
“Communicating with the market makes up the early stages of our plans and following on from this is a focus on infrastructure development and improvements focused in tourism,” Mr  Christoffersen said.

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The construction of the multi-million-dollar marina at the Pearl South Pacific Resort and Spa in Pacific Harbour is set to turn the getaway into a world-class tourist resort.

And its progress and returns are closely monitored by stakeholders of developers Mineral Resources Development Company (MRDC) in Papua New Guinea.

MRDC chairman Sir Manasupe Zurenuoc said the $8m marina investment was one of the company’s first major development projects outside of PNG and engaging professionals and independent experts had been a priority for MRDC.

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Papua New Guinea’s Mineral Resources Development Company Director/Chairman of Investments, Mr Simon Korua has signalled their growing confidence in the Fijian Tourism Industry with further investments in Pacific Harbour during the opening of the Pacific Bar & Grill Restaurant at The Pearl South Pacific Resort recently.

As new owners of The Pearl South Pacific Resort, Spa & Championship Golf Course, the Mineral Resources Development Company is investing $99 million in the property.
With a completion date for all developments scheduled for first quarter 2015, the investment will complete three phases of construction/building for the property.

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