THE Fijian Government has invested over $14 million in the last 12 years in local export driven companies which has reaped significant returns.
Minister for Industry, Trade, Tourism, Local Government, Housing and Community Development, Hon. Premila Kumar, stressed the important economic advantage the National Export Strategy (NES) provides as she handed out the grant to five more companies in Suva today.
Bula Batiki Association, Civa (Fiji) Pearls Ltd, Paper Source South Pacific (PTE) Ltd, Tropical Aquarium Fish (Fiji) Ltd and Zonah United were given grants to the tune of $608,358 with the intent to assist them towards growing the businesses.
In thanking the Government, Civa (Fiji) Pearls Ltd owner Claude Michel Prevost said, “I dream of a day when Fiji can become an economic powerhouse through the different source based sector. For a country with limited resources, this is an enormous leap of faith and an enormous vote of confidence in companies”.