The Fiji Trade and Investment Bureau is embarking on re-engaging interested investors who had earlier registered to start up businesses in Fiji to try and entice them with the new tax concessions and tax holidays announced in the 2009 National Budget.
FTIB Chairman Francis Narayan told Fijivillage news that they have a list of registered investors and that is the starting point in marketing the new incentives on offer for investors.
Narayan adds that the FTIB believes that such incentives were long overdue to boost investments.
Some of the new incentives on offer include the establishment of the tax free region in the North and Maritime islands, 13 tax holidays for investors, a new incentive package for tourism investors which includes a 10 year tax free holiday, ten year tax free holiday for investments in the agriculture sector, an increase to 13 tax free holiday for investments in the ICT sector amongst others.
FTIB to Attract Investors Through New Incentives
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