02-06-2025
SI Group Signs Exclusive MOU in Support of Solomon Islands' First Special Economic Zone
, June 2, 2025 /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:
A Cohesive Structure for Sustainable Growth
The SEZ will comprise a series of interconnected sub-zones, each with distinct strategic functions:
3. Infrastructure – Finance – Logistics
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:
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:
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:
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.
Nguyen Huu Tri (Kannie)
