Fiji Water has made good on its promise last week to quit Fiji because it's fed up with the illegal regime.
The president of the Fiji Water, John Cochran, has released a statement saying the 15 per cent Water Resource Tax imposed by regime for 2011 is untenable and they are left with no choice but to close down the Fiji facility.
Fiji Broadcasting Corporation is reporting he labeled the tax as ‘discriminatory’ as Fiji Water - which currently pays one-third of a cent per liter - is the only bottled water producer in Fiji that will be affected by the new tax.
In addition – Fiji Water will be putting on hold several large construction contracts in Fiji worth millions. Cochran says Fiji Water will also be forced to cancel all contracted engineering and support services.
He also informed that all ongoing purchases from local suppliers will have to be canceled.
Fiji Water says they represent more than F$130 million in export revenue for the country and employ nearly 400 Fijians at their facility.
Cochran adds that Government's current action on the tax sends an unmistakable message to businesses operating in Fiji that the country is increasingly unstable, and is becoming a very risky place in which to invest.
However he says they are willing to work through the issue with the Fiji government.
The illegal Attorney General, Aiyaz Sayed-Khaiyum, says Commodore Voreqe Bainimarama will issue a statement later today.