To'abaita Authority for Research & Development (TARD)

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Friday, August 25, 2006

Central Government plans to assist small and medium enterprises in Solomon Islands

The Government will help set up small businesses, as part of its plan to support the private sector drive Solomon Islands economy forward.

Permanent Secretary Department of Commerce, Industries and Employment Jeffrey Wickham says the department is looking at export support for beginners in small businesses.

Mr Wickham says his department is working at facilitating bank guarantees for local business.

He says this would target small and medium enterprises in small scale manufacturing and processing business.

Mr Wickham says the government is also looking at the setting up of economic zones, adding that a draft bill on how best to do this has been completed.

Source: SIBC

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