DEVELOPING A SUSTAINABLE AND SUCCESSFUL NATION BY STIMULATING INVESTMENTS AND EXPORTS TALICA...
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Transcript of DEVELOPING A SUSTAINABLE AND SUCCESSFUL NATION BY STIMULATING INVESTMENTS AND EXPORTS TALICA...
DEVELOPING A SUSTAINABLE AND SUCCESSFUL NATION BY STIMULATING INVESTMENTS AND EXPORTS
TALICA RATULEVU- ACTING INVESTMENT MANAGER
Foreign Investment Registration Certificate (FIRC) Applications
• Received 238 applications out of which 228 were registered .
• The 228 projects registered have a proposed value of $722.56million and proposed employment of 2903
• A noted increase of 39% in applications being registered compared to the same period last year
• The Services sector registered the highest of 110 projects, however, the Electricity, Gas & Water Supply sectors recorded the highest proposed value at $119,605,000
SECTOR SUMMARY JAN-AUG
Category 1 Category 2 Category 3 Category 4
2.4
4.4
1.8
2.8
2 2
3
5
Series 2 Series 3
2015 2014
SECTOR
PROJECT REGISTERE
DPROPOSED
INVESTMENTPROPOSED
EMPLOYMENTPROJECTS
REGISTEREDPROPOSED
VALUEPROPOSED
EMPLOYMENT
Tourism 26 $115,531,096 440 27 $70,876,769 428Wholesale & Retail 42 $50,105,584 250 30 $6,615,000 109Real Estate 14 $173,700,000 817 5 $40,022,463 65Education 3 $446,000 30 0 Financial Intermed 1 $250,000 14 2 $12,400,000 25Manufacturing 14 $111,881,000 341 9 $97,250,000 615Agriculture 5 $3,532,000 89 13 $16,647,000 274Mining & Quarrying 3 $7,600,000 27 2 $13,000,000 102Electricity, Gas & Water 4 $199,605,000 160 1 $750,000 5Construction 3 $23,000,000 130 5 $37,750,000 560Transport, Storage & Com 2 $152,875 5 3 $2,085,000 60Fishing 1 $220,000 3 0 Services 110 $36,517,222 597 67 $14,220,006 308
TOTAL 228 $722,540,777 2903 164$311,616,23
8 2551
SECTORS SUMMARY OF PROJECTS REGISTERED
0
20
40
60
80
100
120
5 3 114 14
110
26
4 3
42
3 213
0 29
5
67
27
15
30
2 3
2015 YTD AUG
2014 YTD AUG
Country Summary 2015 2014
COUNTRYNo. of
Investors Project
Proposed Investment by
sector ($)
Proposed employme
nt by sector
No. of Investor
s Project
Proposed Investment
by sector ($)
Proposed employme
nt by sector
Australia 62 $51,867,808 410 88 $25,716,000 400Bangladesh 1 $50,000 0 0 0 0British Virgin Island 3 $54,500,000 258 0 0 0Canada 5 $3,502,000 11 2 $0 0
China188 $177,122,000 1150 74
$106,475,000 511
Czech Republic 1 $950,000 3 0 0 0Fiji 88 $75,410,000 110 50 $7,400,000 31France 1 $0 0 3 $80,000 2Germany 0 0 0 2 $800,000 12Hong Kong 1 $210,000 20 2 $2,504,000 25India 22 $4,310,000 176 8 $640,000 7Japan 10 $1,250,000 11 2 $250,000 0Kiribati 1 $50,000 2 2 $100,000 4Korea 27 $93,650,000 87 15 $2,927,000 51Mexico 0 0 0 1 $270,000 5Malaysia 2 $2,000,000 5 1 0 0
New Zealand
49 $67,522,906 260 39 $9,897,469 129
Netherland 1 $200,000 3 1 $100,000 2Philippines 1 $120,500 2 2 $150,000 3Pakistan 2 $200,000 6 0 0 0PNG 1 $230,000 20 4 $26,505,000 494Russia 1 $1,000,000 10 0 0 0South Africa
2 $150,000 10 5 $6,050,000 66
Switzerland 0 0 0 1 $200,000 5Sri Lanka 0 0 0 1 0 0Solomon Is. 0 0 0 1 0 0Spain 0 0 0 1 $350,000 10Seychelle 1 $5,000,000 8 0 0 0Tonga 0 0 0 1 $50,000 4Tunisia 1 $200,000 8 0 0 0Turkey 0 0 0 1 $50,000 0Singapore 2 $18,429,049 30 3 $90,680,000 509Ukraine 2 $150,000 5 2 $100,000 0UK 12 $17,178,514 29 11 $150,000 21USA 26 $147,268,000 269 18 $24,560,000 254Vanuatu 1 $20,000 0 0 0 0Yemen 0 0 0 2 $25,000 2Total 514 $722,540,777 2903 343 $306,029,469 2547
Country summary of Projects
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 210
40
80
120
160
62
188
88
4926
1222 27
12 2 1 10 5 2 11
1 1 0 2 2
2014 YTD MAY2015 YTD MAY
FOREIGN INVESTMENT PROJECTS REGISTERED FOR NADI (Jan-Aug 2015)
• 16 out of 228 projects are to be located in Nadi
• Proposed total value of the projects s FD$26,444,523
• Two real estate projects with a proposed value of $13m
Sector ValueNo.
Projects
Real Estate $13m 2
Tourism $9.534.523m 6
Mining & Quarrying $3m 1
NADI PROJECTS PROPOSED VALUES BY SECTOR
TourismWholesale & Retail
Real EstateEducation
Financial IntermedManufacturing
AgricultureMining & Quarrying
$0 $5,000,000 $10,000,000 $15,000,000
$9,534,523
$200,000
$13,000,000
$210,000
$250,000
$150,000
$100,000
$3,000,000
PROPOSED VALUE
SE
CT
OR
S
Investment Fiji currently undergoing total transformation with new leadership and organizational culture
Changes towards being proactive, creative, planned, collaborative and making more impact with bigger hits
Thank You.