Prime Minister Hon Manasseh Sogavare has proposed the establishment of a Taiwan-Solomon Islands Business Forum.
The Prime Minister made the proposition at a dinner the Director General of the Republic of China (Taiwan) Investment Promotion and Cultural Mission in Brisbane, Mr Ken Lai, hosted for him and the Taiwanese Business Community in the Queensland capital on Wednesday 3rd July 2016.
“We have a yearly Australia-Solomon Islands Business Forum, why not a Taiwan-Solomon Islands Business Forum. Let’s start from here.
“This is now Solomon Islands in the 21st Century and the only way to move Solomon Islands and the only way to move the country forward is to get big investors into the country.”
The Prime Minister said the bringing in of big foreign investments into Solomon Islands means removing the hurdles that have been an impediment to investment in Solomon Islands over the years since Independence, adding that the government is working to address this situation.
He said Solomon Islands and the Republic of China Government could work together in encouraging more Taiwanese investors to invest in Solomon Islands.
Prime Minister Sogavare thanked the Director-General of the Taiwanese Investment and Cultural Promotion Mission in Brisbane for introducing him to the Taiwanese investors in Brisbane.
Mr Lai, in turn, welcomed the proposition, describing it as a ‘great’ idea that would bring about tangible benefits to the investment interests of both Solomon Islands and Taiwan.
The proposition will be followed up at the official level by Solomon Islands Government with the Republic of China Embassy in Honiara and the Republic of China Investment and Cultural Promotion Mission in Brisbane.