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Vanuatu has a unique ethnic culture and beautiful natural environment. The government is committed to promoting economic development and improving people's livelihood.
In recent years, the Vanuatu government has paid particular attention to encouraging the development of private enterprises to increase employment, foreign exchange earnings and government revenue. The government welcomes foreign investment because domestic private investment cannot meet the needs of economic development. Most private enterprises have foreign capital, including infrastructure and transportation, finance and insurance, retail and wholesale, travel agencies, hotels and restaurants, car shops, gas stations, construction, communications, water supply, power supply, transportation, farms, fishing, etc.
Since China implemented the "One Belt, One Road" strategy, more and more Chinese enterprises and individuals have invested in Vanuatu. In terms of their investment demands and fields, they have the following characteristics:
The new investments are mainly in these areas. The first is in infrastructure, where more Chinese companies are involved, such as China Civil Engineering Corp, which is involved in the Port Vila International Airport project. Chinese companies are also involved in building new sports facilities in Vanuatu. The second is in Hardware supplies, such as Leon Hardware; The third is in the area of real estate investment, particularly in areas related to hotel and commercial property development, such as a company called MG Glotbal En-terprise Ltd, which has invested in several large hotel projects in Port Vila. From a regional perspective, in addition to the capital Port Vila, I also have some foreign investment in Tanna Island and other areas, involving tourism, agriculture and other fields.
In recent years, the foreign direct investment in Vanuatu has shown a steady growth momentum. With Vanuatu's macro economy becoming stable, more and more foreign investors are going to Vanuatu to invest in potential industries such as infrastructure construction, tourism, wholesale and retail, agriculture, forestry and fishery, and building materials, which have great business opportunities.