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Investment Fiji Act No. 25 of 2022.

Country/Territory
Fiji
Document type
Legislation
Date
2022
Source
FAO, FAOLEX
Long title
An Act to continue the Investment Fiji Board as Investment Fiji for the purpose of promoting and facilitating investment and export in Fiji and for related matters.
Subject
General
Keyword
Business/industry/corporations Capacity building Data collection/reporting Institution International trade
Geographical area
Asia and the Pacific, Melanesia, Oceania, Small Island Developing States, South Pacific
Entry into force notes
This Act enters into force on the date appointed by the Minister by notice in the Gazette.
Abstract

The objectives of this Act are to set out the mandate and functions of Investment Fiji for the implementation of investment and export promotion strategies in close collaboration with the Ministry, which are aimed at increasing domestic and foreign investment in Fiji and increasing exports for Fiji’s development. Section 6 to this Act lists the functions of the Investment Fiji, such as implementing investment support and promotion strategies; assisting investors with obtaining a license or approval related to the establishment and execution of its investment project; providing capacity building for exporters; providing information and guidance services; and contributing to the development of Fiji’s communities by attracting investments to areas that lack development.

Full text
English
Website
www.parliament.gov.fj

References - Legislation

Implements

Investment Act No. 5 of 2021.

Legislation | Fiji | 2021

Keyword: Framework law, Access right, Equity, Data collection/reporting, Subsidy/incentive, Sustainable development, Land tenure

Source: FAO, FAOLEX