Hanoi, Vietnam (ANTARA/PRNewswire)- SI Group has signed a Memorandum of Understanding (MOU) with the Government of the Solomon Islands to serve as a strategic adviser and priority investor in the development and international promotion of the country's first Special Economic Zone (SEZ). This MOU establishes the foundation for collaboration, with a more detailed investment agreement to be finalized and presented to the Government Caucus for formal approval.

Solomon Islands – A Strategic Gateway in the Pacific

Situated at the crossroads of Southeast Asia, Australia, and the South Pacific, the Solomon Islands holds a unique position on major maritime trade routes. With ongoing economic reforms and a commitment to inclusive development, the country is positioning itself as a new frontier for global investment and sustainable growth.

The Honourable Jaimie Lency VOKIA, Minister of Commerce, Industry, Labour and Immigration and Member of Parliament, stated:

"This MOU marks the beginning of a strategic public-private partnership. SI Group's global reach and sector expertise will help attract serious international investors to the SEZ, aligning with our national goals for economic diversification and regional integration."

A Government-Led SEZ for National Development

The Special Economic Zone, officially launched by the Government of the Solomon Islands, is a flagship initiative aimed at stimulating broad-based economic transformation. Its goals include:

  • Establishing a globally competitive, well-regulated business environment
  • Attracting high-impact investment, advanced technology, and international expertise
  • Generating employment and enabling export-led growth across multiple sectors
A Cohesive Structure for Sustainable Growth

The SEZ will comprise a series of interconnected sub-zones, each with distinct strategic functions:

1. Marine Economy – Agriculture – Natural Resources

  • A 100-hectare, high-tech shrimp farm targeting premium export markets (e.g., Japan and EU)
  • Fisheries processing hub aligned with global safety and quality standards
  • Environmentally responsible mining operations (gold and bauxite) using ESG-aligned practices
2. Social Services – Education – Tourism

  • An international hospital serving both local and regional communities
  • Vocational training centers customized to SEZ workforce demands
  • A luxury resort, casino, and golf course targeting high-end eco-tourism
3. Infrastructure – Finance – Logistics

  • Financial services platform including a dedicated SEZ bank and investor support systems
  • A strategic logistics hub with cold storage and streamlined cargo processing
  • Integrated infrastructure to deliver reliable energy, water, and telecoms
All sub-zones will be developed in accordance with a national master plan to ensure operational coherence and long-term sustainability.

Implementation Roadmap: From Vision to Execution

SI Group and the Solomon Islands Government have agreed on a structured implementation roadmap to realize the SEZ through phased development:

Short-Term (0–6 months)

  • Formalization of the SEZ Investment Agreement and submission to the Government Caucus
  • Establishment of SI Group's office in Honiara
  • Launch of initial pilot projects in healthcare, aquaculture, and logistics
  • Engagement of anchor investors and technical consultants
  • Finalization of the SEZ's legal and regulatory frameworks
Long-Term (1–3 years)

  • Full-scale development of SEZ sub-zones across targeted provinces
  • Infrastructure deployment and utility integration
  • Public-private partnerships for job creation and capacity building
  • Significant growth in FDI and economic diversification
  • Establishment of the Solomon Islands as a model for sustainable SEZ development in the Pacific
SI Group – Strategic Adviser and Priority Investor

Under the terms of the MOU, SI Group will serve as a strategic adviser and priority investor on major investment opportunities within the zone. SI Group's role includes:

  • Advising on SEZ development strategy, structure, and international best practices
  • Promoting the SEZ to global investors and multilateral institutions
  • Facilitating capital mobilization and technical partnerships
  • Supporting legal, financial, and regulatory alignment to attract long-term investment
About SI Group

Established in 2001 as ESPECO (H.K) Limited and now headquartered in Vietnam, SI Group is a global advisory and investment firm specializing in:

  • Investor migration and post-settlement solutions
  • Government advisory and international business development
  • Infrastructure, real estate, and hospitality investment
  • Strategic partnerships and trade facilitation
With active operations in over 20 countries and a proven track record of delivering high-impact projects, SI Group is committed to supporting the Solomon Islands in realizing its SEZ ambitions through sustainable and inclusive development.

MEDIA CONTACT

Nguyen Huu Tri (Kannie)

CMO & Director of Global Business Development – SI Group

Email: kannie.nguyen@si.im

Phone: +84 904 605 065

Website: www.sigroup.vn

Source: SI Group

Reporter: PR Wire
Editor: PR Wire
Copyright © ANTARA 2025