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News

China active investor in Fiji: ANZ Pacific monthly report

October 21, 2014 5:11 am

China has been an active investor in Fiji over the past decade, accumulating over USD 200 in Foreign Direct Investment.

In its Pacific Monthly report the ANZ bank says notably a significant amount has come in because traditional multi and bilateral partners have been unable to contribute under military rule sanctions.

The Bank says with a successful democratic election in September, traditional partners are expected to contribute a large amount of capital investment over the coming quarters.

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It says in effect, many countries will be playing catch-up to match the contribution China has made.

This is undoubtedly positive for medium term growth prospects with potential growth likely to rise with capacity built out.

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