WHY CHOOSE VANUATU TO INVEST
GOVERNMENT'S STRONG MACRO-ECONOMIC POLICY IS KEY
THERE ARE MANY MORE REASONS TO INVEST IN VANUATU
As an agriculture-based society, Vanuatu offers a spectrum of investment opportunities yet to be exploited. These opportunities exist outside of Port Vila and Efate where more than 70 percent of the population live. With recent Government's infrastructure developments that see improved roads, bridges, wharves and domestic airports, choosing to invest in the outer provinces of Vanuatu can be both viable and enjoying. The Government's decentralization policy calls for commitments to see developments expanding to the outer parts of the communities.
Your interest to exploit undeveloped lands to expand production of cattle, copra, cocoa and high yield forest will be strongly supported.
OUR PEOPLE AND CULTURE
Vanuatu as an island state has been rated twice by the happy planet index as the happiest place to live. This observations come as no surprise as the uniqueness of its people and the cherishing of its wide range of cultural attractions have been and remain to be the country's strongest assets.
Every where I go, the people I met are always smiling and the air I breath is very clean are the two most common responses from visitors coming to Vanuatu when asked what they see and love about the country.
OUR BILATERAL TRADE AGREEMENTS
The Vanuatu Government is a committed member and signatory to a number of regional and international trade agreements. These include:
- World Trade Organisation (WTO)
- Pacific Agreement on Closer Economic Relations (PacerPlus)
- Melanesian Trade Agreement (MSG TA)
- Pacific Island Countries Trade Agreement (PICTA)
- South Pacific Regional Trade and Economic Co-operation Agreement (SPARTECA)
- European Union- Economic Partnership Agreements (EU-EPA)
OUR RELATIONSHIP WITH THE PRIVATE SECTOR
We believe in establishing and building effective partnership as a strategic approach in pushing and achieving positive outcomes together. Over the past decade such collaboration never existed although a lot of talks have been in favour of the private sector as the engine for growth. This partnership is timely and makes a lot of sense given the complex and fast changing business environment and what needs to be done in order to have the right policy in place for businesses to continue normal operations.
Our relationship with the private sector is becoming stronger and stronger and will remain so as we continue to discuss and push for policy reforms that are relevant to enhance the doing business environment of Vanuatu. We have partnered as a Public Private Partnership (PPP) during the review of the National Investment Bill that saw great cooperation between both parties and the review exercise completed.
These relationship has been recorgnised by many and always been refereed to as model to be followed by others. Shaping the country's business environment is not an easy task and requires greater collaboration between stakeholders. VIPA views its relationship with the private sector and other key agencies critical in addressing investment related policy reforms through its policy advocacy role.