Offshore news !
|Vanuatu To Join The Worldís Optical Fibre Internet Backbone|
As part of the Government Vanuatuís commitment to encourage the development of e-business and IT infra- structure, the Vanuatu Government has thrown itís full support behind the current Joint Venture project between Interchange Limited, a Vanuatu local IT company and Alcatel-Lucent, the giant French telecommunications company to deploy Vanuatuís first international submarine cable system linking Port Vila, the capital of Vanuatu, to Suva, Fiji.
Scheduled for completion in mid 2012, this new system will deliver faster, more efficient and cost-effective Internet connectivity to the pacific island nation, while removing the current dependence on satellite and strengthening Vanuatuís competitive position as an e-business hub.
Vanuatu has a very user friendly Act, the Prevention of Frauds Act which allows an individual or a company to apply for a Securities Dealers License.