Despite the current outlook Covid-19 provides for the Pacific, there is still a healthy appetite to invest in the region.
This was demonstrated at the recent Investment Seminar, organised by the Whanau Community Trust.
The Pacific Trade Invest (PTI) New Zealand team presented the key address to more than 50 potential investors who gathered in South Auckland for the event.
Led by Acting Trade Commissioner Glynis Miller, the PTI team outlined clearly how PTI can help facilitate trade and investment between the Pacific Island Countries and New Zealand.
“We have a wealth of knowledge of investment potential in the Pacific island countries, and various tools at hand which can put potential investors and traders on the right track,” Glynis says.
“The key is not just looking at product capacity but building business’ export capability.
“Our plan is to be a better resource of market intelligence for our clients in the region to inform on market demands for high end niche products from the Pacific.”
In his presentation Chief Investment Officer Manuel Valdez informed participants on the investment enabling environments of the pacific region; the opportunities for investors; the role of the national investment promotion authorities and highlighted examples of investment deals facilitated by PTI NZ in recent years.
Participants were informed on the Ease of Doing Business in Fiji and in other Pacific Island economies and was noted as being a challenge for foreign investors.
However, participants were made aware of commitments by governments to support national reforms to improve the business enabling environment noting that countries are reviewing their investment policies and regulation with a strong desire to strengthen their investment capabilities.
Seminar organiser and Centre Trustee Nik Naidu says he was pleased with the turnout and the enthusiasm of attendees keen to explore investment opportunities in Fiji.
“Great turnout, and I’m sure everyone went away with a wealth of knowledge about the opportunities in Fiji,” Nik says.
Pacific Trade Invest’s trade website Pacific Hub is the regional investment portal which houses around 200 investment projects across a range of sectors including tourism, agriculture, forestry, fisheries, food and beverage, clothes and footwear, organics, skincare and cosmetics, mining and natural resources, creative industries, manufactured good, and meat sectors.
Contact Chief Investment Officer Manuel Valdez Manuel.V@pacifictradeinvest.co.nz for more information.