Realigns the mandate of Investment Fiji to focus on promotion

On 7 April 2022, Fiji adopted the Investment Fiji Act, which aims to realign the mandate and functions of Investment Fiji to enable it to transition from being a regulator of foreign investors in Fiji to being a promotion agency for attracting both foreign and domestic investors. As a result, Investment Fiji will focus primarily on investment promotion and export expansion, while its regulatory functions will be transferred to the relevant competent authorities.

• Type:

  • Promotion and facilitation (Investment facilitation )
  • Promotion and facilitation (Investment facilitation )

• Industry:

  • Not industry specific

• Sources:

  • Parliament, Investment Fiji Bill 2022, (Bill No. 5 Of 2022), https://www.parliament.gov.fj/wp-content/uploads/2022/02/Bill-No.-5-Investment-Fiji-Bill-2022.pdf
  • Fijitimes, Investing with confidence – Rewriting a law won’t get you there, https://www.fijitimes.com/investing-with-confidence-rewriting-a-law-wont-get-you-there/, 09 Apr 2022
  • Government Portal, Investment Fiji Shifts Focus to Attract Investors and Drive Exports After IFC Technical Assistance, https://www.parliament.gov.fj/wp-content/uploads/2022/04/Act-25-Investment-Fiji.pdf, 08 Apr 2022