The SICCI (Solomon Islands Chamber of Commerce and Industry) has announced its Strategic Plan 2025-2030.
Namoi Kaluae, SICCI Chairlady made the announcement at the PM’s Breakfast- “Catalysing economic growth through an empowered private sector, creating an enabling environment” event at the Heritage Park Hotel yesterday.
She said the private sector will always look forward to this event as it creates a wonderful opportunity for our taxpayers and employers to engage directly and align with the government of the day.
Kaluae expressed that SICCI is excited to announce its Strategic Plan 2025 to 2030 and went on to speak on the four objectives of the plan.
She said the first objective “enabling policy environment” focuses on creating a more enabling policy environment for the private sector to drive economic growth.
Kaluae explained that they aim to achieve this objective by advocating for policies that deliver jobs and growth, enhancing the business environment and actively participating in policy development for both big players and SMEs, (Small Medium Enterprises) including those in the provinces.
She mentioned that they are looking at including SMEs in the provinces so as to formalise them and eventually have them join the chamber.
“This is to ensure economic growth covers all corners of our beautiful Solomon Islands.”
She said it is also important to note a level playing field policy for all businesses and that there is transparency and fair application around incentives and exceptions.
The second objective outlined is “enhancing business competitiveness and trade.”
She said under this objective, their mission is to strengthen business competitiveness and trade through the provision of crucial development assistance, trade initiatives and capacity building opportunities.
Kaluae stressed that they will achieve this through tailored training programmes and insightful surveys that directly address the unique needs of their members.
She added that a central focus of their advocacy is the promotion of quality infrastructure with a strong emphasis on local content.
Kaluae said they believe that prioritising local resources not only bolsters our economy but also empowers local communities and businesses.
“By investing in homegrown solutions, we can enhance sustainability and create jobs, ensuring that the benefits of economic growth are felt throughout our society.”
Thirdly, there is the “public-private partnerships” objective.
She said emphasis of this objective is to strengthen public-private partnerships to promote economic development.
Kaluae stated that their focus is to strengthen value chains and support private sector growth through collaborative projects with both the government and development partners.
She said this is to improve efficiency and productivity at each stage from production to distribution to marketing.
Kaluae highlighted that in order to build a more robust and resilient economy, close engagement with the private sector is needed to assist in structural reforms to promote economic transformation.
In this regard, she recalled having put forward during the last breakfast event, the consideration for the establishment of a cabinet subcommittee.
Kaluae stressed that this is to place priority on all aspects of the private sector like trade, investment, regulation, taxation, legislation and so forth.
“The emphasis here is the platform as such can serve as a focal point to keep you, our decision makers informed on issues affecting us and into the future.
This kind of active participation in policy formation will ensure that government is making decisions with a 360 degree look on things and in the best interest of our economy.”
The fourth or the final objective of SICCI’s Strategic Plan 2025-2030 is to strengthen SICCI’s capacity.
Kaluae said this is to provide independent, effective and sustainable representation of the private sector, all the more, to ensure that SICCI delivers at the highest quality.
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