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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.
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