BY MORRIS NAFU
Solomon Islands’ high cost of electricity is one of the main factors limiting growth in the private sector.
This was highlighted at the 18th National Trade and Development Council (NTDC) meeting held this week in Honiara.
Solomons Chamber of Commerce and Industry (SICCI) in a statement yesterday said the meeting brought together government ministries, private sector representatives, and development partners to discuss national trade and development priorities.
Representing the private sector, Solomons Chamber of Commerce and Industry Manufacturing Industry Working Group (SICCI-MIWG) raised key issues impacting business operations—particularly within the manufacturing and productive sectors.
The SICCI-MIWG highlighted that the high cost of electricity remains one of the biggest constraints to private sector growth, especially for manufacturers and small to medium-sized enterprises (SMEs).
“The cost of running a business is too high to sustain. Our manufacturing sector needs an environment where power is affordable and reliable so that businesses can produce, invest, and create jobs,” SICCI-MIWG said.
SICCI mentioned that the Working Group emphasised that lower and more stable energy costs are essential to reduce the cost of doing business, improve competitiveness, and attract both domestic and foreign investment.
Qila Tuhanuku, representing the SICCI-MIWG, acknowledged the ongoing participation of private sector representatives in national trade and export policy consultations, stressing that industry input is vital to shape practical and results-oriented trade frameworks.
“Across trade committees and consultations, the message is consistent — businesses need better infrastructure and stronger coordination. When government agencies and partners align their efforts, resources can deliver greater impact,” Ms Tuhanuku said.
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