Fiji’s bustling centres of Nadi and Suva set the backdrop for Path to Market and Investment Profiling Workshops, conducted by Pacific Trade Invest (PTI) New Zealand.
Over the past few months, PTI staff have been travelling throughout the Pacific to host workshops which discuss the ins and outs of running a business in the region.
A total of 50 participants attended the workshop in Nadi on November 27, while 33 businesspeople attended the Suva event the following day.
Nadi featured entrepreneurs from several different industries, including aquaculture, farming, organics, professional services, kava, chili paste products, property investment businesses, and turmeric production.
While in Suva, there was a strong representation from female participants who focused on women in business enterprises.
Two participants are currently looking at a hydroponics system to plant several annual products.
Pacific Trade Invest’s Chief Investment Officer Manuel Valdez discussed the financials of an aquaponics farm system which could potentially be done in Fiji, to a receptive audience.
“Our participants were interested in learning about what is a relatively new farm technology, which does not involve too much space, and has less people to manage,” Manuel explains.
“No fertiliser is needed, there is a short gestation period, no soil is needed, and it can be harvested on a weekly basis after the first harvest.
“Revenues can be earned both from the plants and tilapia fish and purely organics.”
Several participants were eager to learn more about aquaponics and would like to test it out first before launching a commercial production, Manuel adds.
Manuel also discussed pricing strategies for exporters as well as how small and medium-sized businessmen can attract foreign investors into their country.
Trade Development Manager at PTI Ian Furlong provided participants with some tips on making an elevator pitch to prospective buyers about their export products, and they constructed a simple but effective elevator pitch which they presented to the group.
For more information, contact PTI Chief Investment Officer Manuel Valdez – firstname.lastname@example.org.