Samoa investment conference opens in Auckland

20/09/2012

A two-day conference showcasing investment opportunities in Samoa opened in Auckland yesterday. <!--more-->

<a href="https://pacifictradeinvest.com/PTI/wp-content/uploads/2012/09/Samoa-conference12.jpg"><img class="size-full wp-image-3907 alignleft" title="Samoa conference1" src="https://pacifictradeinvest.com/PTI/wp-content/uploads/2012/09/Samoa-conference12.jpg" alt="" width="180" height="100" /></a>More than 200 delegates attended the opening session of the conference, which also had a trade show displaying a range of products, services and investment possibilities from the island state.

In his opening address, Samoa Prime Minister Tuilaepa Sailele Malielegaoi outlined Samoa’s well-recognised political stability, high development indices achievement and good governance. He stressed on the country’s “fair tax regime, prudent financial management, reasonably priced utilities and good infrastructure,” while inviting entrepreneurs to invest in Samoa. A broadband network around the country was in the process of being built and would be ready by next year.

The Prime Minister said there were a range of investment opportunities in tourism, manufacturing, agribusiness, fisheries and infrastructure, many of which were detailed in a dossier that was specially prepared for the event.<strong> Pacific Islands Trade &amp; Invest</strong> New Zealand (PT&amp;I) helped put together the investSamoa investment opportunities dossier especially for the event. PT&amp;I is a gold sponsor of the event.  <a href="http://issuu.com/pixelo/docs/pt_nz_investments_brochure/11"><span style="color: #0000ff;"><span style="color: #0000ff;">Click here</span></span></a> to read the dossier online<strong>.</strong>

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<p style="text-align: center;"><strong><a href="http://issuu.com/pixelo/docs/pt_nz_investments_brochure/11"><img class="aligncenter size-full wp-image-3655" title="InvestSamoa" src="https://pacifictradeinvest.com/PTI/wp-content/uploads/2012/09/InvestSamoa1-187x300.jpg" alt="" width="150" height="240" /></a></strong></p>
<p style="text-align: left;">Calling for revival of the primary sector, the Prime Minister called for investment in agribusiness – particularly processing of root crops, coconuts, cocoa, kava, coffee, breadfruit and avocado as well as creating value added products. He said senior government officials would be available for consultations at the conference.</p>
New Zealand Deputy Prime Minister and Finance Minister Bill English spoke about New Zealand’s continued support to Samoan business. NZ helped set up the Small Business Enterprise Centre in Samoa to boost SMEs and create jobs. NZ’s Samoan Tourism Support Pack is a $22million programme over five years to help promote Samoa’s tourism product offering.

Auckland Mayor Len Brown, who recently led a trade delegation to Samoa, among other Pacific Island countries, said he wanted to encourage more flights out of Auckland to Samoa and ensure greater volumes of Samoan produce into the city. He said several primary and tertiary educational institutions from Auckland were in the process of signing MOUs and letters of engagement with their counterparts in Samoa as a result of the recent trade mission.

The second day of the event has been planned for interaction between officials and prospective investors. Details of the outcomes were unavailable at the time of broadcast of this edition of <strong>Pacific Periscope</strong> and will be included in next week’s edition.

Former Commonwealth Secretary General Don MacKinnon, Pacific Islands Forum Secretary General Tuiloma Neroni Slade and Auckland City Councilor Arthur Anae also attended the conference.

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