SOLOMON ISLANDS VIBRANT BUSINESS ENVIRONMENT

Businesses in the Solomon Islands. Photo credit: Rosalie Nongebatu.

Businesses in the Solomon Islands. Photo credit: Rosalie Nongebatu.

Solomon Islands is a vibrant place to do business and offers emerging opportunities for Australian investors.

Australia’s Senior Trade Commissioner to PNG and Solomon Islands, Mr David Knapton, formed this positive view during a four-day visit to Honiara last week.

While two-way investment between Australia and Solomon Islands is growing, Mr Knapton believes even more business links between the two countries can be pursued.

During his visit, Mr Knapton met successful Solomon Islands businesses that are exporting to Australia and doing business worldwide, as well as Australian companies investing in the future of Solomon Islands.

He met with a range of companies engaged in the agriculture, tourism, manufacturing, financial services, fisheries, timber processing and energy sectors.

Mr Knapton also met officials from the Solomon Islands Foreign Investment Division and was pleased to hear about their work to update the country’s foreign investment registry.

Austrade is the trade and investment promotion arm of the Australian Government. It provides advice and information to prospective investors on overseas markets, including Solomon Islands.

Austrade promotes Australian capabilities and builds connections through an extensive global network of contacts.

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