One of the thriving sectors in Fiji’s growing economy is manufacturing, which accounts for a majority of its gross domestic product (GDP).
The manufacturing industry consists of textiles, garments, footwear, sugar, tobacco, food processing, beverages (including mineral water), and wood processing. This includes the manufacture of physical or chemical materials or components into new products as well as the assembly of components for downstream manufacturing.
- The manufacturing industry in Fiji employs more than 26,000 jobs with a highly trained and cost-effective labor force, it’s expected to continue to be one of the country’s strongest and growing sectors. A sound infrastructure, world-class port facilities, and a low cost of doing business further allow Fiji a distinct advantage in the Asia-Pacific region.
- Fiji also enjoys a natural advantage in manufacturing in its proximity to raw natural materials and resources, contributing to the processing of timber, agricultural products, marine products, mineral water, dairy, meat and poultry.
- Clothing, food processing and footwear have been some of the most prominent and high yielding exports of Fiji for more than four decades. As well, the agro-based food processing industries have potential to be developed further for exports. These include canned fish, beef, fruits and vegetables and furniture.
“Fijian-Made” and “Buy Fijian” Campaign
As part of its strategy to expand and improve the manufacturing sector, the Fiji Government initiated the “Fijian Made and Buy Fijian Campaign.” Launched in 2011, the national branding strategy primarily promotes Fijian made products and produce, both domestically and internationally. The campaign has successfully registered around 877 products so far to be branded as ‘Fijian Made’, ‘Fijian Grown’, ‘Fijian Sewn’, ‘Fijian Product’ and ‘Fijian Packed.’ Other industry emblems endorsed under the Fijian-brand are ‘Fijian Assembled’, ‘Fijian Designed’, and ‘Fijian Crafted’.
Multinational companies like Pure Fiji, Fiji Water, Pacific Green Furniture, and FMF Foods Ltd, are among some of the successful business stories that have invested in Fiji’s manufacturing industry.
The Fijian Government has developed investment incentives in two of Fiji’s key industries to expand the manufacturing sector.
- For forestry and food processing, 100% of the amount of investment is eligible for tax deduction, and re-investment is allowed for expansion purposes*.
- For renewable energy and power co-generation activities, a 5year tax holiday is available along with duty free importation of renewal energy equipment.