AGP Executive Report
Last update: 2 hours agoEnergy Costs: Low rainfall is cutting hydropower output, and EFL estimates fuel costs could rise by about $44 million through December. The utility has sought a further fuel-surcharge increase; the current surcharge remains at 5.91 cents per kWh, while a proposed tariff change is deferred until March 2027. Tourism Investment: Marriott plans to convert the 282-room Westin on Denarau into Fiji’s first JW Marriott in 2027, adding a ballroom and five meeting spaces. Export Growth: A three-year partnership will invest about NZ$115,000 to build Fiji’s pineapple brand and develop export links, with New Zealand the priority market. Production rose 45.5% from 2023 to 2025, but exports remain small. Emerging Industries: More than 600 people have taken agarwood training, as growers explore a high-value crop that could diversify rural incomes. Fisheries: A $20 million government guarantee aims to keep PAFCO operating, protect jobs and support Levuka’s economy.
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