The Fiji Islands Trade and Investment Bureau says it will cancel 3,000 foreign investment certificates of investors whose registered projects have yet to get off the ground.
The FTIB board chairman Francis Narayan has told Fijilive that the organisation will only identify 100 or so large promising projects while the rest would be let to die.
If the 3000 projects had been implemented, it would have translated into a total investment value of several billion US dollars and the generation of some 6,500 jobs.
But Mr Narayan says this has not been the case with projects registered before 2006, 2007 and so far this year.
He says the FTIB had been very much involved in registering projects and not much emphasis has been given to the implementation of projects.