Fiji Aims to Establish 5,000 Indigenous-Owned Companies by 2034

Fiji is embarking on an ambitious economic initiative, aiming to establish 5,000 companies owned by iTaukei, the indigenous Fijian population, by the year 2034. This target is a key component of the government's strategy to enhance indigenous economic empowerment and participation.

Prime Minister Sitiveni Rabuka announced the goal during the opening of the 2026 Fiji Indigenous Business Council Symposium. He stressed that achieving this objective hinges on developing robust business pathways, ensuring iTaukei entrepreneurs have adequate access to capital, and providing effective mentorship programs.

The initiative underscores a commitment to fostering inclusive economic growth. By supporting iTaukei entrepreneurs, Fiji seeks to diversify its economy and ensure that its indigenous population benefits more directly from national development. The success of this plan could significantly reshape the landscape of business ownership in the country.