HONIARA, Solomon Islands-The Solomon Islands Chamber of Commerce and Industry (SICCI), representing the country’s private sector, reaffirmed its role as a key dialogue partner with Government, donor partners, and financiers during the 18th National Trade and Development Council (NTDC) meeting held this week in Honiara.

SICCI Chief Executive Officer, Mr. James Dolarii, said the meeting came at a crucial time as Solomon Islands prepares for its graduation from Least Developed Country (LDC) status in 2027.

“To deliver the Smooth Transition Strategy, Government and the private sector must work hand in hand to ensure our economic machinery is supported by clear, coordinated, and pro-growth policies,” Mr. Dolarii stated.

As part of its policy advocacy, SICCI raised two key issues essential for private-sector expansion — the implementation of a Value Added Tax (VAT) system and access to affordable, reliable electricity. VAT can broaden the tax base, improve transparency, and strengthen revenue generation. At the same time, stable and affordable energy is vital for SMEs, reducing costs and enabling investment, expansion, and job creation.

SICCI also reaffirmed its Memorandum of Understanding with the Solomon Islands Government, underscoring a shared commitment to grow the economy, empower SMEs, attract investment, and create jobs.

Following the signing of the PNG-Solomon Islands investment business forum partnership, SICCI continues to build and open opportunities to drive and grow cross border investments for local companies, job creation, trade and policy engagement.

SICCI remains the trusted platform for public–private dialogue — bridging businesses, government, donors, and financiers to deliver sustainable economic growth for Solomon Islands.