Investment Policy

The National Government of Solomon Islands places high priority on private investment for its economic development and therefore encourages foreign investors whose development proposals are strategic and align to its national aims and objectives with respect to the environment and social structure.

Foreign Investment projects are assessed, encouraged and positively considered should they portray the following features.

• a) Strengthening the technical and marketing expertise of the private sector
• b) Maximize the use of local raw materials in the production stages
• c) Promote export and import substitutes
• d) Create employment and training to the local people.
• e) Integrate or transfer knowledge and technology to the country's economic system.
• f) Have a vision for long term investment.

It is the view of the national government that private investment must be the engine for economic growth and development and therefore encourages competition in the private sector. It also encourages investors to seek assistance and benefits covered under their investment projects.

The national government through its responsible ministries and departments will assist foreign investors who are seriously considering investing in Solomon Islands.

Investment Act

A BILL Entitled

AN ACT TO PROVIDE FOR REGISTERING AND MONITORING FOREIGN INVESTORS WHO CONDUCT INVESTMENT ACTIVITIES IN A MANNER THAT ENCOURAGES FOREIGN INVESTMENT IN SOLOMON ISLANDS AND TO REPEAL THE INVESTMENT ACT (CAP 142), AND FOR RELATED PURPOSES.

ENACTED by the National Parliament of Solomon Islands

Click here to downlaod a PDF version of The Foreingn Investment Act 2005.

Click here to downlaod a PDF version of The Foreign Investment Regulation 2006