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Welcome to Solomon Islands
Solomon Islands is the second largest island within the Pacific Islands group. It consists of several hundred islands stretching over 1500 kilometers in south-easterly direction from Papua New Guinea towards Fiji. There are six major islands with a constellation of approximately 900 smaller volcanic islands, coral atolls and reefs with more than 300 of them are inhabited. Major Islands are characterized by steep mountain ranges with dense tropical forests and are surrounded by extensive coral reefs.
 Honiara, Solomon Islands
The National Government of Solomon Islands always see foreign investors as important partners in the development of the country's economy. With its vast natural resources, foreign investors have plenty of choices to engage their productive resources in areas like fisheries, forestry, agriculture and tourism. With the introduction of the new investment act 2005 and regulation 2006, the facilitation of foreign investment will now be more transparent, easy to manage and definitely will give confidence to those who want to invest in the country.
While investors will find attractive investment opportunities in various economic sectors, it is paramount that proper consultations with the national government, the resources owners and other stalk holders is well established for the successful implementation of investment projects. Investment projects that feature the following outcomes will be encouraged and well supported by the national government.
- Strengthening the technical and marketing expertise of the private sector
- Maximize the use of local raw materials in the production stages
- Promote export and import substitutes
- Create employment and training to the local people.
- Integrate or transfer knowledge and technology to the country's economic system.
- Have a vision to long term investment.
In fact the National Government is seriously considering investment projects that will benefit the rural populace. Projects that have a wider spin off benefits will be pursued, supported and encouraged.
Foreign Investors are assured that doing business in Solomon Islands is safe, free from political interference and although challenging, benefits are comparable to or better than most of the Island nations.
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