JOINT VENTURE OPPORTUNITIES FIJI
JOINT VENTURE OPPORTUNITIES FIJI | NAUTICAL TOURISM
CEVA VENTURES
CEVA VENTURES is a registered local company in Fiji looking for a JOINT VENTURE BUSINESS PARTNER to invest in the proposed NAUTICAL TOURISM PROJECT proposed to be located in Suva City.
Location and Route
Building Description
Opportunity Ceva Ventures seeks investor who can inject FJD
$750,000 or more in-turn for a 50% equity stake in the company. ROI of 20%. The current trend towards an increase in number of tourists entering the country presents an opportunity for Ceva Ventures to penetrate the market. Ceva Ventures intends to be the first company to provide such a service from Suva.
Description of Business Business intends to provide Island
Excursions, tour and boat charter services. Market Segment will be Tourists, Individuals, Business people, Companies and Schools. Tour to 11 destinations including Kadavu and nearby Islands. Ceva Ventures intends to take advantage of available resorts and beaches to make business a success.
Financial Indicators
FJD$1.3m Expected Gross income per year
FJD870, 000 Expected expenses per year
33% Profit margin
0.11% Debt Ratio
3.57% Current ratio
0.13% Debt to equity ratio
? INVESTMENT FIJI 2019
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JOINT VENTURE OPPORTUNITIES FIJI | NAUTICAL TOURISM
Legal
Required Tier 1 statutory approvals in place. The pr ese nt co m pa ny st r uct u re h as a
s i n gle shareholder.
Office
Office is to be located at Toorak, Suva, Fiji.
Stage
The business is not operational. Seeking investors to invest in boat.
Indicators in Support of the Venture
Fiji is globally recognized as a safe and secure tourist destination. In addition, our rich and diverse cultural heritage, abundance of natural resources and biodiversity provides countless opportunities.
Fiji's Annual Visitor Arrival grew for the fifth consecutive year reaching a record high of 870,309 in 2018. This was 3.3% more than previous record of 842,884 set in 2017.
76% of visitors visited Fiji for holiday purpose in 2018. In 2018, a visitor on holiday in Fiji stayed for an average of 8.4 days, spending FJD$308 per day. Kadavu - Excellent diving destination, beautiful beaches and reefs, great sightseeing, availability
of large pelagic species.
(Source: Fiji Bureau of Statistics/MITT)
Fiji
For detailed information please email: info@.fj
Disclaimer: Investment Fiji has prepared this document based on information available to it, including information derived from public sources that have not been independently verified. No representation or warranty, express or implied, is provided in relation to the fairness, accuracy, correctness, completeness or reliability of the information, opinions or
conclusions expressed herein. This document may contain forward looking statements including statements regarding intent, belief or current expectations
? INVESTMEANlTl dFoIJllIa2r 0cu1r7rency values referred to throughout this document are in Fijian Dollars, unless stated otherwise
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