It’s Christmas time again folks! The year 2016 was another productive and busy year for PT&I. It was loaded with investment activities.
One was the launching of the website for trade and investment projects – www.pacifichub.co.nz which is a useful tool for people who are looking for export products in the Pacific Islands and for possible investors who are looking for bankable projects in the Forum Island countries.
The hub is getting a number of hits from people who are interested to do business in the Pacific Islands.
Second is the first PT&I Advisory Board Meetings, where the Board members discussed the broad-stroke on how to better serve the Pacific clients, promote their export products to New Zealand and other trade offices in Australia, China, Japan and Switzerland and increase the flow of foreign direct investments to the Pacific Islands.
Third milestone is the establishment of a solid relationship with the New Caledonia Investment Promoting Authority – AVEX. The representative of the New Caledonia visited the office and discussed with the Trade Commissioner to initiate trade and investment workshops and investment mission to New Caledonia.
Fourth is the PT&I’s active participation to the Fiji Business Mission in the middle part of this year. There were a number of participants who joined the business mission. It is worth noting that two participants pumped in fresh money into Fiji – property investment and joint venture with the local company.
Fifth is the solid investment of a New Zealand company putting $1.0 million of fresh money into the Muri Beach Villa resort in the Cook Islands. The Muri Beach Villa resort project was included in the Ocean of Opportunities brochure which was published in 2011 and uploaded to the website in 2012 to reach out to a wider audience.
Sixth is the PT&I senior staff members – Trade Commissioner and COO and Head of Investment visit to the stakeholders in Wellington in the second quarter this year. The PT&I senior members visited the seven Pacific Islands Heads of Mission from Fiji, Samoa, Cook Islands, Niue, Tuvalu, Papua New Guinea, and Solomon Islands.
PT&I staff also visited the NZ MFAT office especially the Pacific Division that oversees the Auckland Office. Seventh is the second-year workshop in the North Pacific countries especially FSM and RMI countries. Hopefully, these countries will send representatives to New Zealand to participate in the Pasifika Festival in the first quarter next year.
And finally, the eighth milestone is the rolling out of the first-ever Path to Market workshop in the Solomon Islands. The workshop was a combination of trade and investment topics which the PT&I staff members delivered to the participants. These milestones definitely created solid platinum milestones, which can be measured in investments values of $5.8 million in the Pacific Islands.
PT&I is grateful to all the stakeholders, supporters and valued clients who are there to cooperate with the ideals and objectives of the organisation to deliver better trade and investment services to the Pacific nations.
Merry Christmas and a Prosperous New Year to all of you and your family circle!
COO & Head of Investment