The Solomon Islands Prime Minister, Derek Sikua, has welcomed a new joint venture Cocoa Development scheme between an overseas investor and tribal groups in North Guadalcanal.
Dr Sikua was the chief guest at a 'Ground Breaking' ceremony for the commencement of the Horokiki Cocoa Joint Venture on the Guadalcanal plains.
The new scheme is a joint venture between C-Corp, an international Cocoa Development Company and tribal groups of North Guadalcanal.
Dr Sikua says the new scheme marked another important step in the right direction for economic development in the Country as Cocoa production or Cocoa development, like copra, boasts the participation of a good number of people.
He said the government through the Ministry of Agriculture expects to continue with the work of by farmers, increase in small holder production and improvement in quality of Cocoa as an export commodity.