ICT Sector

Fiji is well positioned to attract ICT investments, starting from the lower end and moving up the value chain. Fiji has managed to secure its position in attracting renowned ICT investors to locate their back offices to Fiji allowing Fiji to position itself as the hub of the Pacific.

With Fiji well established as the hub of the South Pacific, its telecommunication network are the focal point for regional business activity.

Fiji provides a world-class international connectivity via the Southern Cross Cable fibre optic networks which gives it a competitive edge in the globalised on-line world.

The high speed network can now deliver a 5.4Tbps (capacity of new submarine cable system) fastest, most direct and most secure international bandwidth from Australia, New Zealand and Hawaii via the Pacific to the heart of the Internet in the USA.

Located strategically (GMT+12) between Asia and the USA, Fiji provides a “time-zone” business advantage, not only to East Asia and the US, but also to Eastern US and Europe.

OPPORTUNITIES IN THE ICT SECTOR

  • Fiji offers high-quality business resources and infrastructure for the ICT sector.
  • The Southern Cross cable provides fast, direct and secure high capacity services  between Australasia and the United States West Coast, with a landing point in Suva. It is expected that Fiji’s second largest island, Vanua Levu, will also have fibre connectivity by March 2018 thereby creating further opportunities for investors and businesses.
  • Good English-speaking labour force as Fiji’s literacy rate is around 93%.
  • Business friendly consumer policies and legislations.
  • Opportunities in mobile applications and value adding service providers.
  • Some well-known international back office processing companies are already operating in Fiji.
  • Fiji offers an investment- friendly environment for the ICT sector with focused support from the government.
  • Fiji businesses have experience in dealing with ICT products and are receptive to new and innovative products.
  • Fiji is very strategically located in the Pacific and has number of headquarters for regional and international organizations.
  • Young workforce with very competitive labour rates.
  • Duty free importation of computer, computer parts and accessories, plant, equipment and fittings, and specialised furniture for initial establishment and during its ongoing operations to approved ICT/BPO business operators.
  • Fiji won the European Outsourcing Association‘s Offshoring Destination of the Year Award in 2014.
  • Fiji has a highly competitive Telecommunications sector and enjoys one of the highest rates of ICT penetration I the region 95% of our population have access to mobile broadband through the use of 3G and 4G technologies and this figure is increasing. The deregulated telecommunications sector ensures value for money and access to world class ICT services for Fijians and investors alike.
  • Government is heavily investing in the creation of a Digital Television Platform that will be deployed throughout the country and this will have opportunities for potential content providers and content producers.

Incentives

The income of an Information and Communication Technology (ICT) operator operating in the declared Kalabu Tax Free Zone from 1 January 2007 to 31 December 2016 shall be exempt from tax for 10 years. Income tax exemption is available to ICT investors under the following criteria:-

  • Business employs 50 employees or more for any 6 months within the income year; and
  • 60 percent of its total services is exported.

Duty free importation of computer, computer parts and accessories, plant, equipment and fittings, and specialised furniture for initial establishment and during its ongoing operations to approved ICT/BOP Business operators from 1 January 2009.

ICT ACCREDITED TRAINING INSTITUTIONS

The income of any new operator setting up an internationally accredited ICT training institution who is granted a license from 1 January 2015 shall be exempt from tax for a period of 13 years. Any new operator may apply and pay a license fee of $1,000 per annum to the Commissioner of Inland Revenue. The Tax exemption is granted from the date of the initial license. The income tax exemption is available to investors under the following criteria:-

  • Business employs 50 employees or more for any 6 months within the income year; and
  • 50 percent of its total services is exported.

Duty free and VAT exemption on the importation of all items required for the establishment of the business.

ICT ACCREDITED TRAINING INSTITUTIONS

For small ICT start-ups, a 150% deduction on all start-up costs will be made available with no employment conditions/requirements attached.

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Fiji Trade Commission - PNG & MSG

PO. Box 883
Port Moresbey 121
National Capital District
Papua New Guinea

P: +675 320 2208/ E: info@fijitradecom.org

Fiji Trade Commission – Office 5, Level 5, Harbourside West Tower, Stanley Esplanade, Downtown, Port Moresby

© Fiji Trade Commission (PNG) 2019