The Bina Harbour Development Project, outlined at the 13th Australia Solomon Islands Business Forum, is a landmark initiative aimed at establishing a world-class tuna processing facility in Malaita Province. Led by the Solomon Islands’ Ministry of Fisheries and Marine Resources, the project will transform Bina Harbour into a climate-resilient port, supporting a tuna processing plant financed by private investors. The development represents a major leap forward for the Solomon Islands in capturing more of the value chain from its rich tuna resources. Currently, the nation’s waters contribute 7% of the annual tuna catch in the Pacific, making this an important economic and environmental asset.
Located 25 km south of Auki, Bina Harbour has long been recognised for its potential as a strategic shipping hub, with its sheltered waters offering ideal conditions for domestic and international shipping. The first phase of development will include building port facilities such as berths for international vessels, a cargo terminal, and fish processing operations. The long-term goal is to expand the harbour’s capabilities to handle container ships, fishing vessels, and domestic cargo, reflecting the broader ambition to diversify economic activities in the region.
This project is expected to have a significant socio-economic impact, particularly in Malaita Province, the Solomon Islands’ most populous region. It is anticipated to create approximately 1,600 direct jobs, contributing to the livelihoods of many in the surrounding areas. Additionally, the project is set to generate various enterprise opportunities, further boosting the local economy and improving the standard of living.
The Bina Harbour project offers a wealth of opportunities for Australian companies across a wide range of industries. Peter Cusack’s presentation emphasised the need for specialist services, including surveying, maritime and land-based construction, and the management of quarry and batching plant operations. Logistics is another crucial area, with opportunities for companies involved in transport and supply chain management. There is also a demand for support services such as camp management, security, medical care, and maintenance, all vital to ensuring smooth project operations.
As the project progresses, utilities such as power, water, and waste management will be critical, providing further openings for Australian firms with expertise in these areas. By engaging with local Solomon Islands businesses, Australian companies can contribute to the sustainable success of this transformative project, while establishing long-term partnerships that benefit both nations.
