AGP Executive Report
Last update: 9 hours agoEnergy Investment: Energy Fiji plans to invest $2 billion over four to five years in renewable generation, storage and grid upgrades, targeting 60% renewable electricity by 2029. Land approvals and other project requirements remain hurdles. Airline Costs: Fiji Airways says fuel, weather and airport restrictions are pushing up domestic operating costs. The airline reported a $25 million after-tax loss in 2024 and says it must balance affordable fares with financial sustainability. Digital Business: Pacific tech firm NiuPay plans to invest several million dollars in Fiji over five years and grow its local team to 8–12 staff within a year. Agriculture Finance: Fiji Development Bank will use Green Climate Fund preparation support to develop a proposed guarantee facility aimed at improving climate-finance access for farmers and agribusinesses. Trade and Industry: Fiji and India are urged to turn bilateral trade—which has more than doubled in five years—into investment and local processing opportunities. A proposed Yaqona Bill would require industry operators to register, with fees still under discussion.
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