20 Oct 2008

Solomons welcomes Australia's decision for more coherent approach to capacity building

4:15 pm on 20 October 2008

The Solomon Islands Business Council says the country would benefit from more coherent capacity building assistance from Australia.

The Council's secretary, Peter Tam, says the Solomons needs more assistance in bolstering infrastructure which helps generate business, thereby fostering economic growth.

He was responding to last week's statement by Australia's Trade Minister that a more coherent approach is needed to build capacity of developing countries like those in the Pacific.

Simon Crean says this would help such developing countries reap the benefits of greater engagement with the global trading system.

Mr Tam says he welcomes any such assistance.

"We would look at it, if he could do it, is to strengthen the basic institutions here, the basic public utilities, the basic supplies of transportation that can actually benefit the overall trade related to overseas and internal business development."

Peter Tam