A new finance company that has invested close to USD$3M has started operations in Suva.
Poseidon Finance Company will provide unsecured loans and refinancing and they also have a rental car company.
While speaking at the launch at Mercury House in Suva, Director of Poseidon Finance Guo Weidong says 9 Fijians have found employment after the opening of their company and they hope to continue to grow.
Weidong says that after spending 4 years in New Zealand with his family and only hearing of Fiji, he decided to take a trip to Fiji.
He says that upon meeting the friendly people and experiencing the multicultural society, he was convinced that Fiji had a great environment for investment.
Weidong adds that Poseidon Finance along with Fast Jet Rentals LTD have a vision to develop the finance market, the automobile market, and the tourism market in Fiji, making use of the existing resource advantages.
Meanwhile Fast Jet Rentals LTD today gave a sponsorship of $2,000 and a set of new jerseys to Speed-wing Football Club, Nasinu as part of their way of helping, encourage and invest in sports from the grass-root level.
Fiji Commerce Commission CEO Joel Abraham officiated at the launch.
