The 13th Australia Solomon Islands Business Forum, set to take place in Honiara from September 2-4, 2024, is poised to be a pivotal event for business leaders and investors across Australia and the Pacific region. Under the theme “Business Leading Employment And Export Growth,” this forum is more than just a gathering—it’s a strategic platform designed to foster economic collaboration and growth.
As the Solomon Islands undergoes significant economic transformation under the leadership of newly elected Prime Minister Hon Jeremiah Manele, this forum offers a timely opportunity for businesses to engage with the evolving market dynamics. Prime Minister Manele, who secured his position with a strong mandate, has committed to steering the nation towards economic recovery post-COVID-19. His administration’s focus on stability, democratic values, and economic development promises to enhance investor confidence and create a more conducive environment for sustainable business practices.
The forum will spotlight the Solomon Islands Infrastructure Program (SIIP), a decade-long AUD 250 million initiative by the Australian government. This program underscores Australia’s commitment to supporting the Solomon Islands’ infrastructure needs, including the ongoing construction of the Tina River hydroelectricity project and its associated transmission line. These projects, alongside sectoral opportunities in services, tourism, sustainable forestry, agri-industry, and fisheries, present a wealth of prospects for businesses looking to expand or enter the market.
Moreover, the completion of the Coral Sea undersea fibre-optic communications cable in 2019 has significantly improved connectivity between Australia and the Solomon Islands, further facilitating business operations and partnerships. With the economy slowly recovering from the impacts of COVID-19, aided by a robust pipeline of infrastructure projects, the timing for such a forum couldn’t be more ideal.
Attendees will have the chance to network with key business and government representatives from both countries, gain insights into new policies, and explore sector-specific opportunities. This event is not just about business; it’s about being part of a transformative journey towards sustainable economic development in the Solomon Islands. Mark your calendars and prepare to engage, innovate, and grow at this significant forum.
