Commerce minister introduces SEZ Bill

Date:

BY LORETTA B MANELE

Jamie Vokia, Minister for Commerce, Industry, Labour and Immigration (MCILI) has introduced the Special Economic Zone Bill in parliament yesterday.

He described the bill as a “milestone” not only for the ministry but for every Solomon Islander who dreams of a brighter and more prosperous future.

The Member of Parliament for Northeast Guadalcanal Constituency said the bill is the culmination of years of dedication from task forces, public servants and countless stakeholders across Solomon Islands who believe in the transformative power of inclusive economic growth.

He expressed that as reflected in its title, the bill once enacted; will provide for the establishment and management of Special Economic Zones in our beloved country.

Vokia also stated that the bill will facilitate business and investments in a way that fosters economic growth, creates meaningful employment and lifts our national development for the benefit of all Solomon Islanders.

He said the bill holds immense promise for our people, not just as engines of investment, but as bridges to overcome the challenges our business communities face on a daily basis.

Vokia added that this bill aligns with our National Development Strategy 2016-2035 and echo the aspirations of our people to a more resilient and diversified economy.

“It also answers the core of the GNUT Government Policy Statement 8.28 to enact legislation that nurtures new industries, empowers local and international investors and above all, creates opportunity for our people.”

He voiced that the journey to this moment has come a long way, having started over a decade ago.

Vokia said this has been one of the most collaborative and far-reaching efforts his ministry has undertaken.

“From the outset, we sought to ensure that every voice, whether from our provinces, businesses; our civil society is heard.”

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