Re-invigorating Private Sector Investment Fiji: A Private Sector Assessment for Fiji
The main objective of this report is to provide a critical review of the environment for private sector development in Fiji. It focuses on the policy and institutional requirements necessary to achieve sustained, broad-based private sector growth. The Asian Development Bank (ADB) prepared its first private sector assessment for Fiji in 2005. This report reviews Fiji’s current private sector environment against issues identified in the earlier assessment and proposes recommendations to address key outstanding constraints.
The Fijian economy has not been achieving its potential. Private sector investment, the driving force behind economic growth, has fallen to one of its lowest levels since the country’s independence. The government has implemented a number of substantive and progressive changes to improve the investment climate since 2006 and recognizes that more needs to be done.
