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Solomon Islands Government
Foreign Investment Division
 


Divisional Heads

Director of Foreign Investment The Director of the Foreign Investment Division administers two main functions. Under the first function, the Director shall be:

  • a) Responsible for the overall management and administrative tasks of the Foreign Investment Division.
    And be the
  • b) Registrar of Foreign Investment as stipulated under section 3 (1) of the Foreign Investment Act 2009.

The first function requires that the Director shall

  • 1. Responsible for the development of Foreign Investment Policies.
  • 2. Promote, implement and manage Foreign Investment policies.
  • 3. Work closely with Foreign Investors, the National Government and other stake holders on areas pertaining to foreign investments in Solomon Islands.
  • 4. Ensure that all foreign investments carried out within Solomon Islands conform to the Foreign Investment Act 2005 and Regulation 2006 requirements.
  • 5. Supervise the administrative tasks under the three main sub unit.

The second function requires that Registrar of Foreign Investment shall

  • 1. be responsible for registration of foreign investment activities not specified under the reserved list or prohibited list of business activities.
  • 2. Administer the Foreign Investment Act 2005 and Regulation 2006. Defined functions of the Registrar of Investment as indicated within the Foreign Investment Act 2005 are:
    • a. Review the reserved lists.
    • b. Review and evaluate investment activities being applied for by foreign investors.
    • c. Register investment activities and issue registration certificate.
    • d. Advices the Minister on whether the investment activity should be included in the reserved list.
    • e. Monitor compliance by foreign investors with the Foreign Investment Act and other subsidiary legislations.
    • f. Report to the Minister responsible for the Foreign Investment Act 2005 on the activities of foreign investors.

The Director or Registrar of Foreign Investment may delegate tasks to divisional staff whenever necessary.

Deputy Director of Foreign Investment

The Deputy Director of Foreign Investment supports the functions of the Director and works closely with divisional staff on areas relating to evaluation and monitoring of foreign investments and promotion of Solomon Islands to foreign investors. The Deputy Director supports the implementation of foreign investment policies and must ensure that programmes of actions developed are well executed and met their objectives. On the absent of the Director, the Deputy Director may act as the Registrar of Foreign Investment and shall perform the tasks required under that status. The main functions of the Deputy Director are:

  • 1. Under take research and studies for the formulation of foreign investment policies and planning
  • 2. Analyze and advise on the effects of foreign investment economically and socially
  • 3. Ensure that services and support requirements of the division is met or addressed.
  • 4. Work with foreign investors on areas relating to their investment proposals
  • 5. Disseminate investment information to foreign investors and also to make sure that procedures and guidelines are made available to them.
  • 6. Ensure that all information reaching the Registrar of Investment are true and full fill the requirement specified in the Foreign Investment Act 2005 and Regulation 2006.