Fiji is grappling with an increasing skills shortage that is raising concerns among investors in vital sectors. According to Investment Fiji CEO Kamal Chetty, challenges surrounding labor availability and productivity are significant hurdles, but there is potential for companies to take proactive steps toward alleviating the situation.
Chetty emphasized that the matter extends beyond mere numbers; it is crucial to ensure that the workforce possesses the right skills for sustainable growth. “It’s definitely a challenge for investors; availability of labor and productivity are major issues. However, these investors can also play an important role in addressing this challenge,” he stated.
To combat the skills gap, closer collaboration between universities and industry is essential. Chetty notes, “One approach is to work with the universities to ensure that graduates possess the talents needed in the market, with educational institutions aligning their offerings with the requirements put forth by investors.”
The impact of this skills shortage is notably felt in sectors such as tourism, agriculture, and manufacturing, as highlighted by Jitesh Patel, President of the Suva Retailers Association. He expressed his frustration, stating, “There is a workaround; people are available, but many are reluctant to do the work. We urge the government to take steps to encourage local participation instead of relying on overseas labor.”
Investment Fiji underscored that addressing the skills shortage now is imperative for maintaining competitiveness and resilience. The organization believes that cultivating a steady influx of skilled workers will be crucial for attracting and retaining investors in the country.
This situation presents both a challenge and an opportunity for Fiji. By fostering partnerships between educational institutions and businesses, there is a hopeful pathway toward equipping the local workforce with the necessary skills, ultimately benefitting the economy and creating a prosperous future.