Foreign investors put Fiji projects on hold
Updated
The Fiji Islands Trade and Investment Bureau says 16 foreign investment projects are on hold as a result of the December 2006 coup.
The bureau has told the Fiji Live website the projects will only get off the ground once Fiji's political situation stabilises.
Since the coup, there has been an interim government, which says elections will be held next March.
The Fiji Islands Trade and Investment Bureau says the 16 projects placed on hold are part of 50 "large" projects, which it identified, registered and facilitated permits and licences for last year.
It says the projects are on hold because offshore financiers are withholding funds because they fear there are risks due to the political climate.
