Find Economic Development expertise in Kiribati

Foreign investment in Kiribati is generally encouraged and no discrimination is shown between foreign and local investors. The Kiribati Foreign Investment Commission (FIC) is a statutory commission established under the Foreign Investment Act 1985. In its role as an investment promotion agency, the Foreign Investment Promotion Division can provide services to investors. Investments that may conflict with established domestic enterprises or impact on the use by nationals of lands or natural resources are dealt with on a case-by-case basis. Other examples of development agencies include the Kiribati Industrialists Association, which also acts a trade association for the sector, and the Kiribati Chamber of Commerce and Industry; whilst the countries reliance on aid naturally makes AUSAID and NZAID forms of economic development agencies.