HONIARA, Solomon Islands- The Solomon Islands Chamber of Commerce and Industry (SICCI) today commended the significant national progress outlined by Prime Minister Jeremiah Manele, welcoming the strategic focus on transformative infrastructure, economic partnerships, and a growth-oriented national budget.

SICCI, the peak body representing the private sector, views these developments as critical steps toward improving the business environment, driving investment, and creating sustainable economic opportunities for all Solomon Islanders.

Submarine Cable to Unleash Digital Economy Potential
SICCI heralds the formal launch of the SBD 572 million Adamasia submarine cable project as a landmark achievement. This vital second international internet gateway addresses a long-standing priority for the business community.

SICCI views reliable, high-speed, and affordable connectivity is the backbone of a modern economy.

This investment is a game-changer. It will boost digital resilience, lower costs for businesses, enhance our global competitiveness, and unlock new opportunities in sectors like IT, finance, and education. SICCI commends the government and its partners for this strategic infrastructure leap.

Infrastructure Updates Lay Foundation for Growth
SICCI welcomes the concrete progress on provincial infrastructure, seeing it as essential for inclusive development: The new Noro Data Centre strengthens national cybersecurity—a growing concern for businesses—and supports digital transformation.

The upgraded policing and fisheries monitoring facilities in Western Province contribute to a more secure and well-regulated operating environment and the major investments in health facilities in Isabel Province are crucial for workforce well-being and productivity in regional centres.

The transfer of a 20% share in Kolombangara Forest Products Limited to landowners is also noted as a positive step toward equitable participation and sustainable resource management.

Budget 2026: A Welcome Focus on Economic Transformation
SICCI strongly endorses the theme of the upcoming 2026 National Budget, "Accelerating Economic Transformation." The chamber agrees that resourcing growth and sustainable development must be the nation's paramount focus.

SICCI is encouraged by the budget's guiding objectives, particularly promoting transformative growth, improving service delivery, and safeguarding fiscal stability," Mr Dolarii stated.

 "A stable and affordable budget that prioritizes quality spending on enabling infrastructure is exactly what the private sector needs to expand and create jobs. We look forward to engaging on the details to ensure the budget effectively supports business-led growth." The Chamber stated.

Strengthened Ties Key to Investment and Confidence
SICCI views the Prime Minister's active engagement at the 14th Australia-Solomon Islands Business Forum and subsequent high-level bilateral meetings as highly positive. Strengthening economic and regional cooperation is fundamental to attracting foreign direct investment, transferring skills, and accessing new markets.

"The outcomes from Brisbane, especially the launch of the cable project, demonstrate the tangible benefits of strong partnerships. Continued dialogue between government and the business community, both domestic and international, is essential to convert these discussions into lasting investments," SICCI CEO Dolarii stated.

Call for Continued Dialogue and Swift Audit Resolution
While celebrating these announcements, SICCI reiterates the importance of transparency and accountability as cornerstones of a robust investment climate. The chamber notes the Prime Minister's upcoming meeting on the 2023 Pacific Games audit and urges a swift and conclusive resolution to maintain public and investor confidence.

SICCI stands ready to work collaboratively with the government to ensure these promising developments translate into a more prosperous, resilient, and business-friendly Solomon Islands.