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FIJI Tenders




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Capital Suva
ISO 3166 Code FJ
Population 859,178
Area, Sq KM 18,270
Currency Fijian dollar
Official Language English
GDP, Billion USD 3,908
GDP Growth Rate, % 3.8
Inflation, Avg CP, % Chng 0.50
Interest Rates, % N/A
Unemployement Rate, % 9
Exchange Rate, 1 USD Equals 2.07
International dial code 679
Time Zone GMT+12:00
Internet TLD .fj

Fiji is officially known as Republic of Fuji and is an island country in Melanesia which is located in the South Pacific Ocean. South Pacific Ocean is situated 1,100 nautical miles northeast of North Island of New Zealand. The country’s closest neighbours are Vanuatu located on the west, Tonga on the east, New Caledonia on the southwest, Tuvalu on the north, New Zealand's Kermadec Islands to the southeast along with the Samoas and France's Wallis and Futuna to the northeast. Fiji is known to be an archipelago that comprises of 332 islands. Out of the 332 islands, 110 are permanently inhabited. There are more than 500 islets as well that cover a total land area of 18,300 square kilometers. 87 percent of the population which is around 860,000 is based in the two islands that are considered most important, namely Vanua Levu andVitiLevu. Suv is the largest as well the capital of the country and is located on the islandVitiLevu. About three-quarters of Fijians are based on VitiLevu's coasts. Some live in Suva and some in the smaller urban centers. Majority of the islands of this country were formed due to volcanic activity that took place 150 million years ago. Since second millennium BC, the country has been inhabited. In 1874, the British had established the colony of Fiji and it remained a crown colony till the year 1970 after which the republic of declared in 1987. The economy of Fiji is believed to be the most developed in Pacific as it has an abundance of mineral, forest and fish resources. The prominent natural resources include gold copper, hydropower, timber and offshore oil. The tourism of the country along with its sugar exports are the two main sources of the foreign exchange. The country relies heavily on the tourism industry for its revenue. Fijian Dollar is the currency of the country. Some of the problems faced by the country include uncertain property rights and low investment. The local government of Fiji which includes town and city councils are supervised by the Ministry of Local Government and Urban Development. The economic liberalization has resulted in the booming of the garments industry. Expansion in the service sector along with urbanization is considered very essential in the current GDP growth that the country has seen. The commercial mortgage rates are declines which in turn has helped the housing and real estate industry to flourish as well.

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