26th Jul 2010
New Report on “Fiji – Telecoms, Mobile and Broadband” added in Vision Shopsters
change in government in 2006 Fiji has been through the global financial crisis, its infrastructure was damaged by floods in 2009
Since the change in government in 2006 Fiji has been through the global financial crisis, its infrastructure was damaged by floods in 2009, it has seen reduced tourist numbers and reduced exports, its economy contracted, and then the Fijian dollar was devaluated by 20% in April 2010. But despite all of this, GDP is now expected to increase to 2.1% in 2010. Tourism is increasing with record arrivals in some months in 2010/11, with the government aiming to increase arrivals to 6 million by 2020.
The government has an expansion agenda which, by 2020 includes liberalisation of institutions, communications services increasing by 100% and a renewable energy target of 90%. To kick start the progress, $325 million was announced for capital expenditure in 2010. Fiji is keen to expand and further develop the telecoms market, of which many sectors have been languishing due to high costs. Broadband participation is now set to increase with a 0% tax on dongles, while other industries using ICT are also winners with reductions in tax for optical media and AV incentives to attract foreign film makers.
Relative to many other South Pacific islands Fiji has a fairly reliable and efficient telecom system with access to the Southern Cross submarine cable linking New Zealand, Australia and the US. Fiji
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