Some investors understandably may be taking a ‘wait and see’ approach in the run up to the election. We have set ourselves an investment target of 25 percent of GDP. We have some way to go to reach that target. I am certain that with the election successfully out of the way, we can see investment rising again towards 25 percent of GDP.
However, we should also keep in mind that we can still extract more growth from the existing level of investment. It depends on how efficient we can turn the investment dollar into growth. Unfortunately, our efficiency ratio in Fiji is quite low. It takes around $ of investment to produce $ of GDP. Some countries need only about half of that.