Why invest in Solomon Islands
Solomon Islands is unique in many ways compared to other Pacific Islands. First we have the land mass and resources that other Islands countries lack. Our ocean contained some of the richest fishes in the world and business environment is stable. There is everything for investors to discover about this great Pacific Island country. Solomon Islands is renowned for these outcomes.
1. Is a country with vast untapped natural resources
2. Has an Economic Exclusive Zone that supply world class tuna
3. Where business establishment is easy
4. Has cheap Labor force ideal for any investment sector
5. Is committed to improve physical infrastructure and public utilities
6. Has abundant land for any investment projects
7. Has two international sea ports and an air port designed to accommodate investors’ trade needs
8. Has attractive investment incentives
9. Where business is free from Political interference
10. Is a country with very low crime rate in the Pacific Islands region Potential areas of investment Being naturally rich, Solomon Islands offer a wide array of potential investment opportunities in many sectors.
Brief outline of these opportunities are listed below. For more information contact the Director of responsible authority or the Director of Foreign Investment Division.
Fisheries Development
1. Tuna harvesting and processing
2. Export of frozen tuna
3. Export of other marine resources
4. Reef fish harvesting and processing
5. Aquaculture development in prawn farming, fish farming and others
6. Seaweed planting
Agriculture development
1. Commercial farming in cattle, piggery and poultry
2. Land development for plantations including cocoa, coconut and palm oil
3. Downstream processing for cocoa powdery and coconut oil for various uses
4. Cassava processing for flour and other related products
5. Commercial planting and processing of banana, chilies and vegetables for both domestic and export markets
6. Processing of agriculture fruits for both local and export markets.
Tourism Development
1. Hotel construction and development
2. Resort development 3. Eco Lodge development
4. Travelers’ information services
5. Tourism hospitality training
6. Investments targeting diving, kayaking, bush walk, etc… Mining Development
1. Research and Exploration of minerals
2. Extraction of minerals
Manufacturing
1. Processing of semi to complete products in
2. Food and beverage
3. Agricultural products
4. Fisheries products
5. Garment and associate products
6. Forestry products
7. Metal products
8. Sea transport products
9. Water products
10. Paper manufacturing
11. Furniture and building materials manufacturing
Construction
1. Supply of building and construction materials
2. Architectural services
3. Building and construction
4. Supply of skilled service
5. Building and Consultancy service
Also see the list of investment activities for a general overview of what a foreign investor can do in Solomon Islands.
