Solomons to reserve more businesses for locals

7:51 pm on 4 August 2015

The Solomon Islands government is seeking to increase the number of business sectors reserved for indigenous citizens.

Honiara port

The Solomon Islands government is seeking to increase the number of business sectors reserved for indigenous citizens. Photo: RNZ Koroi Hawkins

Currently 14 sectors, including vegetable and root crop farming, timber milling, sale of handicrafts and artefacts, private laundry services and customs clearing agencies are listed as reserved for locals.

The Foreign Investment Division of the commerce ministry is holding provincial consultations until the end of September and public submissions are also being sought.

Officials say one concern is the ability of indigenous Solomon Islanders to run the services once they become reserved.

They say a separate government initiative to relaunch the country's defunct Development Bank is aimed at addressing these concerns.