Boundless opportunities in Samoa exist for New Zealand investors willing to partner with local business, which can then lead to more prosperous communities. Samoa Trade Commissioner Fonoti Dr Lafitai Fuatai says these opportunities are not necessarily get-rich-quick schemes, but opportunities to be molded and nurtured over time to achieve the projected outcomes.
Earlier this month, the New Zealand Samoa Trade and Investment Commission (NZSTIC) staged a business mission to Apia, in association with the Samoa Trade Consulate, the Samoa Chamber of Commerce and Industry, Samoa Ministry of Foreign Affairs and Trade (MFAT) and the Samoa Business Network.
NZSTIC Chairman Frank Po Ching says these organisations have a shared goal of facilitating more business opportunities between NZ and Samoa through NZ entities seeking Samoa strategic partners, products, and offering expert services.
“The mission was very successful where all the companies represented on the mission had successful meetings with local partners and government agencies,” the Chairman adds.
A cross-section of NZ businesses attended the mission, including representatives from telecommunications, training organisations, manufacturing industry, shipping industry and management consultancies.
Throughout the week, the delegation attended a business forum; went on site visits; attended a function at the NZ High Commission, where the delegation met NZ High Commissioner to Samoa, HE David Nicholson.
During the week, companies arranged individual meetings with local partners, government officials and agencies and attended a Samoa Business Network function, providing ample time to network and nurture existing relationships.
The highlight of the mission for NZSTIC, was seeing NZ companies make solid connections with potential partners, Frank adds.
A key outcome from the mission has been gaining Samoa’s support for a proposed beef model farm project, which has been on the table for a few years.
“NZSTIC is working toward making this project a reality as it will bring tremendous economic benefit to Samoa,” Frank says.
“The next step is to discuss with the New Zealand Government about its support for the project which was initially pledged some six years ago, but nothing happened.
“NZSTIC is now pushing this project toward a business case phase but its needs initial funding from the New Zealand Government for this to happen.”
The Commission is anticipating a meeting with Prime Minister Bill English to discuss the project, the Chairman adds.
Business missions of this type predominantly benefit NZ companies and therefore the NZ economy for the most part, Frank says.
“The Samoa Government and Samoa Chamber of Commerce have been very supportive of this mission, as well as last year’s mission - this support is both financial and in managing logistics.
“NZSTIC is very grateful for the support from Samoa, and future business missions to Samoa will be scheduled every two years or on a need-to-basis.”
(Picture caption: This year's Business Mission to Samoa delegation.)
PACIFIC COOPERATION FOUNDATION - https://pcf.org.nz/news/2017-06-23/samoa-shows-support-for-nz-investment
Published by Samoa Observer
The Samoan branch of the Samoa Business Network (SBN) held a networking function at Te Namo Bar, Matautu, earlier this week to host New Zealand Samoa Trade and Investment Commission (NZSTIC) Business Mission delegates and SBN New Zealand members, visiting Samoa.
In country to look at opportunities for developing trade and business between New Zealand and Samoa, the NZSTIC Business Mission was led by Tofaeono Fonoti Dr Lafitai Fuatai, Samoa Trade Commissioner in New Zealand, and Frank Po Ching, Chair of NZSTIC and Managing Director of 3 Seven Group, with support from the Samoa Chamber of Commerce & Industry, Samoa Ministry of Foreign Affairs and Trade (MFAT), and SBN.
This is the second NZSTIC Business Mission to Samoa and delegates included potential and current business investors, and New Zealand-based training providers. SBN New Zealand members who were part of this delegation were Navigator Consulting Ltd. and Sewtech Training Institution.
Both members had a series of fruitful meetings during the week with government departments, NGOs and private sector businesses. Potential business opportunities include offering business consultancy services in Samoa and delivering sewing and design training in Samoa.
“We are delighted to have members of the NZSTIC Business Mission delegation here with us tonight, particularly as we have just formalised the partnership between SBN and NZSTIC,” said Afamasaga Jackie Curry, Chair of SBN Samoa, at the function on Tuesday night.
“It is also great to see representatives from the New Zealand High Commission and the Samoa Chamber of Commerce & Industry this evening, and I’d like to thank them – along with Samoa MFAT – for their instrumental role in making this Business Mission such a success.”
“SBN is passionate about Samoan businesses reaching their full potential and by reaffirming our alignment with NZSTIC, we are better positioned to continue connecting, sharing and promoting Samoan businesses and entrepreneurs here in Samoa, New Zealand and around the world,” Afamasaga said.
Guest speaker at the event, Associate Minister of Communication and Information Technology, Lealailepule Rimoni Aiafi, couldn’t have agreed more.
During his presentation, Lealailepule encouraged both NZSTIC delegates and SBN members alike to work together and focus on developing Samoan businesses at all levels, and in particular, by supporting small to medium-scale, Samoan-owned operations with potential for growth.
In his closing remarks, Frank Po Ching reiterated this, saying working collaboratively to build business opportunities is key in a market like Samoa.
The opening prayer and blessing was delivered by Tofaeono Fonoti Dr Lafitai Fuatai, and the event was emceed by local businessman and SBN Samoa Executive Committee member, Etu Tuistala of E-Life Company.
The SBN Samoa Executive Committee would like to thank event sponsors Te Namo Bar, Krush and The Wine Portfolio (one of the NZSTIC delegation companies), as well as ongoing SBN sponsors Tanoa Tusitala Hotel, Liquor Planet, Taula Beverages and Eveni Carruthers.
For more information about SBN in Samoa, and how you could grow your business connections, contact email@example.com, visit the Facebook page or website at www.samoabusinessnetwork.org, or call Afamasaga Jackie Curry at +685 751 1773, direct.
SAMOA OBSERVER Aricle - http://www.samoaobserver.ws/en/12_06_2017/local/20988/Promoting-Samoan-businesses-and-entrepreneurship.htm
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