BY NED GAGAHE
The new eight-storey headquarters planned by the Central Bank of Solomon Islands (CBSI) was designed to meet Australian and New Zealand building codes and seismic standards, while also incorporating requirements under the Solomon Islands Building Code.
CBSI Manager Corporate Services and Human Resources, Michael Erekali, revealed the details as the bank officially commenced the procurement phase for the multimillion-dollar project.
Mr Erekali said extensive planning and regulatory requirements have already been undertaken to ensure the development complies with both local and international standards.
He said the project has taken into account Town and Country Planning regulations, environmental requirements, geotechnical studies on ground conditions, unexploded ordnance (UXO) assessments, civil aviation requirements and land surveying and easement considerations.
“The project has gone through a comprehensive design and planning process to ensure it meets all regulatory requirements and international construction standards,” Mr Erekali said.
The proposed headquarters will comprise eight levels with a total floor area of approximately 12,000 square metres, making it one of the largest commercial developments in the country.
According to Mr Erekali, the structure will combine reinforced concrete, structural steel and engineered timber to provide strength, durability and resilience.
The building’s exterior will feature aluminium composite panels, glazing and external shading elements designed to improve energy efficiency and enhance its modern appearance.
A car park will be located on the second floor, while passenger lifts will provide access throughout the building.
Mr Erekali said a wastewater treatment plant will also be installed to treat sewage before disposal, reflecting the bank’s commitment to environmentally responsible infrastructure.
The new headquarters will further include a conference centre, museum, library and cafeteria to serve both staff and visitors.
Once completed, the development is expected to become the tallest building in Solomon Islands and a prominent landmark within Honiara’s central business district.
Construction is expected to commence in 2027, with completion targeted for 2030.
Photos: CBSI
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