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Regulatory Reforms

The Ministry will work on policy and legislative reviews in 2012 to enable and encourage investments in pursuit to making Fiji investor friendly by reducing the turnaround time for investment approvals.

Some of the key areas of changes are:

  • Investment Policy 2007 – Review (in line with existing government policies)
  • Foreign Investment Act 2004 – Review and Strengthening
  • Operationalization of the Economic Development Board –Chaired by the Prime Minister. Members are Permanent Secretaries and CEO’s of Investment Approval Agencies.
  • E-Government Project (Investment Approvals Tracking System) – working in partnership with Investment Fiji and ITC
  • Updating of Investment Approval Checklists by the Investment Approval Agencies