Aerial shot of Suva City.

More locals are investing in various sectors in the country when compared to the past few years, a positive sign that there is confidence in our economy.

The current statistics reveal that local investments stand at 52 percent, while foreign investment is 48 percent.

Investment Fiji Chief Executive Kamal Chetty highlighted this in a recent interview and says that the tourism sector continues to be the major choice of investors.

“We continue to see interest in investing in Fiji, and from our perception, there’s a lot of optimism both from foreign and local investors to invest in the country. From the interest we have seen, we see there will be growth in sectors like tourism, ICT, manufacturing, and real estate.”

Investment Fiji Chief Executive Kamal Chetty.

Chetty states that ninety projects are underway and it comprises of local investors, while 83 are foreign direct investments.

Investments done in the tourism industry are contributing over $300m to the economy.