FJ NEWS | Fiji-Australia Forum is reportedly fostering significant investment discussions

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Fiji-Australia Forum is reportedly fostering significant investment discussions.

Investment Fiji focuses on infrastructure and digital connectivity advancements. 83 ongoing construction projects valued at $1.4 billion are expected to conclude by 2025.

The country is also exploring $2 billion worth of projects in the conceptual stage, with 67 leads under consideration.

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Australia is interested in Fiji’s development, with 56 leads valued at $333 million.

As of July 2024, 185 domestic investment projects valued at $6 billion are in the pipeline and expected to be realized over the next few years.

Google’s South Pacific Connect initiative will deliver two trans-Pacific subsea cables and build a $200 million data center in Fiji.

Starlink has been granted a license to provide satellite internet services to remote areas, enhancing connectivity during natural disasters.

These advancements are expected to open up new opportunities across various sectors.

Particularly in Business Process Outsourcing (BPO), which is projected to grow from 8,000 to 25,000 employees by next year.

Challenges remain in rural areas where infrastructure gaps hinder accessibility and connectivity.

Investment prospects are emerging in waste-to-energy projects, affordable housing, and tourism.

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