3 May 2006

AON considers setting up processing centre in Fiji

8:40 am on 3 May 2006

The world's second largest insurance broker AON Risks International is considering shifting its processing centre for its New Zealand office from India to Fiji, to take advantage of tax incentives offered by the government.

AON Risks' Fiji managing director Paul Dunk says the company has decided to take advantage of Fiji's policies on Information Communications and Technology.

Mr Dunk says the proposed move has the support of most board members of AON Risks and could create 50 new jobs in Fiji.

He says Fiji's business hours are ideal, and it would be easier for staff to travel from New Zealand to Fiji.

Fiji's upgraded communications system with its link to the Southern Cross Cable is also an advantage.

AON Risks already has a 40-percent income tax exemption for employing between 10 and 50 people.

And if it would get a 10-year tax holiday if it moves into the new Tele-Business Park premises.