Fiji’s ICT Sector: A Promising Landscape for Global Investors
Fiji’s ICT industry is set for significant growth as foreign companies, notably Google, express interest in developing cybersecurity operations and installing new fiber optic cables, enhancing regional connectivity and creating job opportunities.
The Fijian Information and Communication Technology (ICT) industry stands on the brink of significant expansion, spurred by foreign interests in establishing cybersecurity operations within the nation. Trade Minister Manoa Kamikamica has indicated that global companies are increasingly drawn to Fiji due to its favorable time zone for business activities. Simultaneously, the country is expected to benefit from the installation of new fiber optic cables, enhancing connectivity across the region.
Minister Kamikamica noted that Fiji is already witnessing growing interest in sectors such as business process outsourcing, artificial intelligence, and cybersecurity. These developments are being propelled by substantial investments from tech giants like Google, which is contributing to the enhancement of undersea cable infrastructure. Currently, Fiji relies on a single subsea cable, the Southern Cross cable, which has historically raised concerns regarding connectivity and technological advancement.
Google has initiated plans to establish additional cables linking Fiji with the United States, Australia, and potentially other locations such as French Polynesia, Japan, and South America. This expanded network is anticipated to create a bridge connecting all Pacific island nations, thereby generating considerable opportunities for Fiji’s ICT sector. The implications of these advancements extend beyond mere connectivity, promising new job creation and positioning Fiji as a competitive hub for technology firms to offer a diverse array of services on a global scale.
The opportunity for growth in Fiji’s ICT industry arises from increasing global interest in its technological capabilities, especially in critical areas such as cybersecurity. Major companies view Fiji as an attractive base due to its strategic geographical location and supportive government policies. The country’s existing infrastructure requires enhancement to keep pace with global standards, which is being addressed through foreign investment focused on undersea cable connectivity, enabling improved global communication.
In summary, Fiji is poised to capitalize on substantial opportunities within its ICT industry due to the influx of foreign investment and the enhancement of its technological infrastructure. The prospective installation of new fiber optic cables and the establishment of cybersecurity operations will not only improve connectivity but also provide a boost to employment and elevate Fiji’s status in the global technology market. The developments championed by Minister Kamikamica and tech companies like Google signal a promising future for Fiji’s ICT landscape.
Original Source: www.fijitimes.com.fj