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October 16, 2007
Fiji's newest investment potential
The latest investment potential to arise in Fiji is a previously untapped market - the production of vanilla beans and other spices. Spices of Fiji Ltd, based at Wainadoi on Fiji's main island of Viti Levu, produces and exports a variety of vanilla products including vanilla beans, vanilla paste, vanilla rum, vanilla sugar and vanilla essence. In addition to the Wainadoi production, the company contracts out to growers throughout the Fiji Islands. Veronica Hazelman, the company's Operations Manager, confirmed that vanilla exports were increasing steadily and that in their last year they exported 250 kg at FJ$120 per kilogram.
The production and export of spices has a huge potential and the Fiji Islands Trade and Investment Board website has further information on export possibilities.
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