Samoa PM Discuss Future Investment and Opportunities

Photo: RNZ/Daniela Maoate-Cox

TechInPacific – Samoa still holds the status of COVID-19 free country, a status which only very few countries could bear. For Fiame Naomi Mata’afa, this opens a new door of investment directives into the future.

Samoa’s Prime Minister chimed in on the latest move-out from Australian banks from the region, which serves a plate of potential investment in itself. For her, the BSP Bank that is currently investing its shares in Samoa can have more room to manage the financial sector.

“I think if we are talking about PNG investment in the Pacific, the financial sector could be something they give priority to.”

Mata’afa looks at partnerships among the small islands as an ideal opportunity, such as working together to market a product across the islands. She pointed out the partnership Women in Business does to market virgin coconut oil together in the small islands have resulted in global purchasers, such as the like of The Body Shop, and as Mata’afa says, ‘it does work’.

COVID-19 may have restricted the flow of the tourism industry, and Mata’afa believes that they just have to wait a little more before borders around the world are re-opening.

Working on a stronger policy base is one opportunity that the country can focus on, she adds.


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