Vision Statement

To be recognized as an effective and professional agency proactively fostering new investment in Solomon Islands. Mission Statement To contribute to the economic development of the Solomon Islands through the promotion and facilitation of foreign investment that provides employment growth, technology or skill transfer, the sustainable utilization of the country's natural resources, or other tangible benefit to the Solomon Islands.

ORGANIZATIONAL ETHOS

In fulfilling its Mission the Foreign Investment Department will:

• Adopt a high level of professionalism and integrity.
• Be courteous and impartial at all times.
• Comply consistently with the Public Service Code of Conduct.
• Be prudent, transparent and impartial in all activities.
• Adopt high levels of presentation.
• Consider all stakeholders needs and expectations.

Objectives of FID

• 1. To encourage and facilitate foreign investment in Solomon Islands through promotion missions, seminars, tours and dissemination of published information including on the webpage and direct correspondence with prospecting and current investors.
• 2. To promote Solomon Islands as an investment destination to foreign investors through identification of potential investment opportunities and help establish investment projects in the country.
• 3. To ensure that all foreign investors operating in Solomon Islands are registered and adhere to their terms of registration as required by the foreign investment act 2005 and regulation 2006
• 4. To help foreign investors successfully establish their investment projects in any of the productive economic sectors.

Foreign Investment Division

The Foreign Investment Division or FID is part of the department of Commerce, Trade and Industries and comes under the Ministry of Foreign Affairs, Commerce and Tourism. FID is headed by the Director of Foreign Investment whose responsibilities include performing the overall management and administrative functions of the division. FID has three main sub-divisions, the Promotion Units, Evaluation Unit and the Monitoring Unit. FID is currently supported by 8 staff comprising of the Director, Deputy Director and 6 divisional staff whose roles are pragmatic to the well establishment, coordination and implementation of the national government investment policies including requirements made under the Foreign Investment Act 2005 and Regulation 2006. The Foreign Investment Division as the custodian of the Foreign Investment act 2005 and Regulation 2006 has been mandated to exercise certain functions vital for proper functioning of foreign investment activities within Solomon Islands. These functions are:

• Performing prudent advisory roles to the Government, Foreign Investors and the people of Solomon Islands on investment matters.
• Executing Government Investment policies for greater economic development and social prosperity.
• Provide assistance to foreign investors on areas of investment application, processes, procedures and registration of investment activity (ies).
• Facilitate and promote foreign investments in Solomon Islands
• Evaluate foreign investment applications for screening and registration
• Monitoring of foreign investment activities within the Solomon Islands.
• Register approved foreign investment activities.

As required under the Foreign Investment Act 2005 and Regulation 2006, FID works in ensuring foreign investors are abide by their terms of registrations when conducting their business in the country.

Knowing More about FID

Divisional Heads

Director/Registrar
Deputy director/Registrar

Units

Monitoring Unit
Promotion Unit
Evaluation Unit