24 May 2007

American Samoa's Chamber of commerce pleased territory is on NZ's investment map

10:21 am on 24 May 2007

American Samoa's Chamber of commerce is pleased that the territory is now on the investment map in New Zealand.

Chamber President David Robinson said this week's visit by New Zealand's Trade commissioner Michael Greenslade will greatly assist efforts to entice Kiwi businesses here.

But he says there is still some work to do.

"What we have to do now is to make sure the ground rules for investment and new project development are very clear and the playing field is very level. There are certain issues we need to work through, I've discussed this before, some include the current tax regime, the immigration policy and details surrounding land tenure and availability."

Mr Robinson says the territory must be ready to offer concessions, and before a package can be presented to potential New Zealand investors.